menu

Hart_logo.png

houston, texas

four seasons houston

November 20-21, 2014

TOKYO GAS SIGNS SPA WITH MITSUI & CO. FOR CAMERON LNG

 

Tokyo Gas, Co., Ltd. (Tokyo Gas) signed a sales and purchase agreement (SPA) with Mitsui & Co., Ltd. (Mitsui & Co.), who, through their partial ownership and tolling agreement, will handle 4 million tonnes per annum (mtpa) of LNG from the Cameron LNG export project. Under the terms of the SPA, Tokyo Gas will take 0.52 mtpa at a price linked to Henry Hub, delivered ex-ship, for 20 years beginning in 2020.

The proposed Cameron LNG project will have three trains capable of producing an aggregated 12 mtpa. The Hackberry, Louisiana, plant will become operational in 2017. Tokyo Gas purchased 1.4 mtpa of LNG from the Cove Point project in April 2013, and earlier this year, reports arose that they would be looking into trading gas by the end of 2017. 


Thanks to our sponsors and presenting organziations

SPONSORS & ALLIANCE PARTNERS