Tohoku Electric Signs Deal with ENGIE for Cameron LNG Supplies

Hellenic Shipping News reports that Japanese company Tohoku Electric has signed an agreement with ENGIE (formerly GDF Suez) to purchase 270,000 million tonnes/year of LNG over 20 years from the Cameron LNG liquefaction and export terminal under construction near Hackberry, La. According to the report, the agreement includes provisions giving Tohoku Electric the flexibility to alter delivery destinations and resell volumes to third parties. The LNG cargoes will be delivered on an ex-ship basis and are linked to Henry Hub prices.

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