Japanese Companies Join Mitsubishi in Canadian Gas Shale Project, Plan to Study LNG Exports
Posted on May 9, 2011 in Canada & Mexico, E&P, LNG Exports | Comments Off on Japanese Companies Join Mitsubishi in Canadian Gas Shale Project, Plan to Study LNG Exports
Four Japanese companies — Japan Oil, Gas and Metals National Corporation, Chubu Electric Power Co., Tokyo Gas Co., and Osaka Gas Co. — have joined Mitsubishi Corporation in a consortium that will develop shale gas deposits in British Columbia. According to Mitsubishi’s media release, the consortium will also analyze the possibility of exporting Canadian natural gas as LNG to Japanese customers. Read more in the Wall Street Journal.