Apr 10, 2017

Japan to conduct second test to produce gas from methane hydrate

The trade ministry said Monday it has begun preparations for a second production test to extract methane gas from methane hydrate deposits off Japan’s central coast. The test is the first since Japan achieved the world’s first extraction of gas in 2013 from offshore ...

Mar 28, 2017

Gastech conference to kick off in Chiba next week

Gastech, the world’s largest gas and liquefied natural gas conference and exhibition, will be held at Makuhari Messe in Chiba Prefecture from April 4 to 7. Ten Japanese energy companies and trading houses formed a consortium to host Gastech Japan 2017 in the first ...

Pakistan says Japan traders among those eyeing LNG tender

Nov 29, 2016

Pakistan says Japan traders among those eyeing LNG tender

Pakistan says Japan’s biggest trading houses are among almost two dozen companies eyeing its liquefied natural gas purchase tender that it says is the largest on record. Mitsubishi Corp., Mitsui & Co. and Marubeni Corp., have expressed interest in the LNG order, which was ...

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. The investigation ...

/ May 30, 2016

Mitsui to deliver Colombia's first LNG shipment

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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. Mitsui will send the cargo to the gas storage ...

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. The average price of LNG shipments into the country was about $6.32 per million British thermal units in April, the ...