Toho and Cameron agree supply deal

摘要

Japanese town-gas supplier Toho Gas has agreed a 20-year deal to buy LNG from the Cameron LNG project in the US. The contract,which is linked to Henry Hub gas futures,is part of the Japanese firm’s efforts to cut import costs.Toho will buy around 300,000 t/yr from the proposed 12mn t/yr LNG export venture in Louisiana through Japanese trading firm Mitsui.The ex-ship deal will run for 20 years starting in late 2017,when the export project is scheduled to come on stream.