Toshiba Signs Agreement with JERA to Market Freeport LNG Supplies
Posted on Jan 24, 2017 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Toshiba Signs Agreement with JERA to Market Freeport LNG Supplies
The Japan Times reports that Toshiba has signed a sales and marketing contract with Jera, a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power, to help find buyers for 2.2 million tons of LNG Toshiba is under contract to purchase from the Freeport LNG project under construction on Quintana Island in Brazoria County, Texas. According to the report, Toshiba has buyers for only about half of the LNG it is contractually obligated to purchase beginning September 2019.