World’s top LNG buyer signs supply deal with Shell-led LNG Canada project
Apr 9th, 2019
by John Donovan.


Japan’s JERA says it signed an agreement with a Mitsubishi unit to buy as much as 1.2M mt/year of liquefied natural gas from the Royal Dutch Shell-led (RDS.A -0.6%) LNG Canada project.
The heads of agreement is for ~15 years starting from April 2024, says JERA, a joint venture between Tokyo Electric Power (OTCPK:TKECF) and Chubu Electric Power (OTC:CHUEF) and the world’s top buyer of liquefied natural gas.
Buyers from the project so far include trading house Vitol as well as Asian utilities such as Tokyo Gas, Toho Gas and Korea Gas.
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Posted in: Canada, Gas, LNG, Royal Dutch Shell Plc, Seeking Alpha, Shell.
Tagged: Canada · Gas · LNG · Royal Dutch Shell Plc · Shell