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Toho Gas Enters Into Heads of Agreement with Mitsubishi Subsidiary for Cameron LNG Supplies

Japanese gas company Toho Gas Co., Ltd. (Toho) has announced that it has entered into a Heads of Agreement with Diamond Gas International Pte. Ltd., a 100% subsidiary of Mitsubishi Corporation, for the purchase of LNG produced at the Cameron LNG project in Hackberry, La.  Under the agreement, Toho will purchase approximately 200,000 tons of LNG/year for 20 years from the start of...

GDF Suez, Mitsubishi, and NYK Sign Agreement Related to LNG Bunkering

GDF Suez, Mitsubishi Corp., and Nippon Yusen Kaisha (NYK) signed a framework agreement related to the development of an LNG bunkering vessel and an LNG bunkering supply contract between GDF Suez and United European Car Carriers.  Under the agreement, NYK will operate an LNG bunkering vessel to be built in South Korea and delivered by 2016.  The LNG bunkering vessel will transport LNG...

Tennessee Gas and Mitsubishi Sign Transportation Agreement For Cameron LNG Export Supplies

Kinder Morgan announced that its affiliate Tennessee Gas Pipeline (TGP) has signed a 20-year agreement with Mitsubishi Corporation for firm transportation of 600,000 Dth of natural gas per day on TGP’s proposed Southwest Louisiana Supply Project for delivery to the proposed Cameron LNG export terminal in Hackberry,...

Mitsubishi Accelerating Analysis of Canadian LNG Export Projects

Mitsubishi Corporation told Platts yesterday that it plans to accelerate its feasibility analysis of the proposed Canadian LNG export projects. This statement follows Mitsubishi’s investment in Encana Corporation’s Cutback Ridge gas play in northern British...

Mitsubishi to Invest in Shale Gas Play Supplying LNG Export Projects on Canada’s West Coast

Encana Corp. has announced that it will sell a 40% ownership stake in the Cutback Ridge shale gas play to Mitsubishi Corp. for $2.9 billion. According to the Vancouver Sun, an official with Mitsubishi said that one reason the company invested in these gas assets was to further its plans for LNG exports from western...

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