Shell concludes LNG deal with Japan’s Chubu Electric

May 30, 2014

Shell will begin supplying liquefied natural gas (LNG) to one of Japan’s leading electric companies from October 2014, in a deal that reinforces Shell’s position as a key LNG supplier in the country, Shell’s press office said on May 29.

Shell Eastern Trading (Pte) Ltd, a Singapore-based subsidiary of Royal Dutch Shell, signed a sales and purchase agreement today with Chubu Electric Power Co., Inc. (Chubu Electric) to supply up to 12 cargoes of LNG a year for the next 20 years. Chubu Electric supplies power to central Japan’s Chubu region, a major manufacturing hub.

Source: Shell Press Office, 2014