Tag - lng

 
 

LNG

BUSINESS
Jul 14, 2016
FTC reviewing whether no-resale LNG contracts are illegal
The Fair Trade Commission is investigating whether clauses in contracts for liquefied natural gas that restrict buyers from reselling the fuel violate the competition laws of the world's largest user of the super-chilled gas, according to people with knowledge of the matter.
BUSINESS / Companies
May 30, 2016
Mitsui to deliver Colombia's first LNG shipment
Mitsui & Co. has been chosen to deliver Colombia's first cargo of liquefied natural gas later this year as the country prepares to place a floating import terminal into service, according to the terminal's developer.
BUSINESS
May 23, 2016
Japan pays least since 2005 for LNG amid price slump
Japan, the world's biggest buyer of LNG, paid the lowest price in about 11 years for the fuel last month amid a global oversupply.
Japan Times
BUSINESS
May 2, 2016
G-7 vows to spur investment, security for stable energy supply
Energy ministers from the Group of Seven nations agreed Monday on the need to strengthen energy security and promote investment in the sector, as low prices and other emerging issues threaten to destabilize supply.
BUSINESS / Economy
Feb 18, 2016
Japan's LNG imports fall on warm weather and atomic restarts
The world's biggest buyer of liquefied natural gas said imports fell the most in more than six years as nuclear reactors restarted and warm weather cut demand.
Japan Times
BUSINESS
Dec 3, 2015
Japan set to get more LNG than it needs
The nation is probably set to receive more LNG than it needs, potentially forcing some purchasers in the world's biggest user of the fuel to resell cargoes and add to a glut.
Japan Times
JAPAN / KANSAI PERSPECTIVE
Oct 25, 2015
Kyoto advances nuclear-free agenda with Alaska LNG pact
The Kyoto Prefectural Government signed an agreement with Alaska last month to explore the possibility of importing liquid natural gas from the state to Maizuru, a port city on the Sea of Japan.
Japan Times
BUSINESS
Sep 16, 2015
Energy ministers, businesses gather in Tokyo to discuss LNG market
Ministers and business delegates from around 50 countries and regions gathered in Tokyo on Wednesday to discuss further development of the liquefied natural gas market and the latest market trends and challenges.
Japan Times
BUSINESS / Companies
Sep 4, 2015
Utilities buying new gas turbines to cut fuel bills
The nation's biggest power utilities are pushing ahead with plans to spend more on new turbines to improve the efficiency of their gas-fired power plants in an effort to lower fuel bills amid a protracted debate over the role of nuclear power.
BUSINESS / Companies
Jul 21, 2015
Chubu Electric mulls selling power with Inpex
Chubu Electric Power Co. is considering joining hands with Inpex Corp. to sell electricity to gas operators in the Kanto region, company sources said Tuesday.
BUSINESS
Jun 30, 2015
Japan's utilities and their customers favored by falling LNG prices
Japan's biggest power utilities, emerging from four years of gloom, have cut electricity rates as cheaper natural gas benefits both the bottom line and customers.
Japan Times
BUSINESS / Companies
Jul 9, 2014
Mitsui O.S.K. to pioneer Arctic route for LNG
Officials from shipping giant Mitsui O.S.K. Lines Ltd. announced Wednesday their company will begin transporting liquefied natural gas through the Arctic Ocean in 2018 — making it the first company in the world to tap the sea as a regular transit route.
Japan Times
BUSINESS / Companies
Jun 25, 2014
Kawasaki to take on Korean rivals with LNG tankers made in China
Shipbuilder Kawasaki Heavy Industries Ltd. plans to construct gas carriers abroad as it strives to lower costs and take back market share from Korean rivals.
BUSINESS / Economy
May 28, 2014
Lawmakers to push Abe on Russia gas link
Diet members are renewing the push for a ¥600 billion natural gas pipeline from Russia, which last week signed a supply deal with China, in a bid to cut energy costs after the 2011 nuclear disaster in Fukushima.
Japan Times
BUSINESS
May 26, 2014
First Papua gas heads for Japan
The first cargo of liquefied natural gas from Papua New Guinea was headed for Japan on Monday, marking the first time LNG has been imported from the South Pacific nation as Japan deals with a nationwide atomic power shutdown.
BUSINESS / Companies
Jan 2, 2014
Mitsubishi, Mitsui pull out of deal to buy Aussie LNG
Mitsubishi Corp. and Mitsui & Co. have withdrawn from an agreement to buy liquefied natural gas from Woodside Petroleum Ltd.'s Browse venture in Australia after delays to the project.
BUSINESS
Dec 27, 2013
Motegi prods Russian energy chief on LNG, seeks 'competitive price'
Japan urged Russia during a ministerial meeting Thursday to lower the price of liquefied natural gas.
Japan Times
JAPAN
Nov 29, 2013
Aussie LNG an energy lifeline — for now
With its nuclear power plants mostly idled since the March 2011 Great East Japan Earthquake, Japan continues its quest to increase imports of liquefied natural gas, especially from Australia.
Japan Times
BUSINESS
Nov 15, 2013
LNG, coal use hits record amid zero nuclear power
Regional power utilities used a record amount of LNG and coal for October as they turned to fossil fuels to offset lost output from idled nuclear reactors.
BUSINESS / Economy
Nov 6, 2013
Northeast Asia LNG prices hit 10-month high before winter sets in: WGI
Liquefied natural gas prices for Northeast Asia rose this week to their highest level in 10 months as buyers sought more supplies before colder weather arrives, according to Energy Intelligence Group.

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