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Japan LNG Prices Hit Summer Low
The average price of spot LNG imported into Japan that was contracted in July 2017 fell to $5.60 per million Btu, said the country's Ministry of Economy Trade and Industry (Meti).…
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Toshiba Sets up US LNG Unit
Japanese Toshiba is forming a US operating company, Toshiba America LNG Corporation (TAL), to focus on the LNG market, it said August 4. It's understood the Houston-based unit…
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UK Indie RockRose Expands in N Sea
UK-listed startup, RockRose Energy, which has non-operated interests in North Sea fields, has agreed to buy three similar interests from Japan’s Sojitz. RockRose said…
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Tokyo Gas 1Q Gas Sales Up 3%
Japanese utility Tokyo Gas sold 3.71bn m³ of gas during the April-June quarter (1QFY2017), up 3% on year, the company said July 28. Sales to the residential sector were up 4.…
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Tokyo Gas Buys Stake in Vietnamese PVGas D
Tokyo Gas, through its subsidiary Tokyo Gas Asia, has acquired a 24.9% stake in Petrovietnam Low Pressure Gas Distribution (PVGas D), a subsidiary of state-owned Petrovietnam,…
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SEA/LNG Flags Three New Members
Sea\LNG, a trade association that promotes LNG as a marine fuel, has announced three new members, taking its total membership to 28. Russian producer Novatek announced in mid-July…
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Japanese Japex to Take $82mn Hit on Canadian LNG Project
Japan Petroleum Exploration (Japex) will take a total loss of C$102mn (US$82mn) in the fiscal year ending March 2018 due to the scrapping of Petronas-led Pacific NorthWest LNG…
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Coral FLNG Turret Awarded to Sofec
Japanese contractor and floating production specialist Modec said July 18 its 51%-owned Houston subsidiary Sofec has been awarded a contract to provide the turret mooring system (T…
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Japan ruling loosens LNG trade - NGW Magazine
This article is featured in NGW Magazine Volume 2, Issue 14 The Japanese anti-monopoly agency rulings will hasten the arrival of free LNG markets. Its decision allows sellers…
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IEA Admits Concerns over Qatar's Isolation
(7.40am GMT, 8.40am UK time, 9.40am Paris time) The embargo on trade with Qatar imposed by several of its neighbours is "a major concern for IEA member countries", admits a…
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Japan, EU to Work on Removal of LNG Resale Restrictions
Two of the biggest global LNG consumers, Japan and the European Union, have agreed to work together to make the LNG market more liquid, flexible and transparent. The two parties…
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SEA/LNG Adds Japanese YKIP as Member
SEA/LNG, an industry coalition aiming to accelerate usage of LNG as a marine fuel, has incorporated Yokohama-Kawasaki International Port Corporation (YKIP) as its latest member,…
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Japan, EU to Sign LNG Trade Accord July 11
Japan and the European Union are to sign a memo of understanding on LNG July 11. The European Commission said July 10 that it will be signed at its Berlaymont building in…
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Japan's Kyushu, NYK Line Eye Bunkering
Japanese NYK Line and Kyushu Electric Power have signed a memorandum of understanding to cooperate in the field of LNG transport utilising NYK's fleet, Kyushu said June 29. …
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Japanese MOL Bags Yamal Charter Contract
Japanese MOL has signed a long-term charter contract for four LNG carriers with the tank capacity of 174,000m³, which will be delivered and serve on Yamal LNG project in…
