Liquified Natural Gas

Tohoku extends Malaysia LNG contract

company has agreed to buy 370,000 tonnes a year.

Tohoku Electric Power
17/03/2014 12:55
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Tohoku Electric Power of Japan said it has signed a deal to extend LNG purchases from Malaysia’s LNG II project, operated by Petronas.
Tohoku Electric Power has been buying  about 0.5 million tonnes of LNG a year from April 1996 from Malaysia II, but since this contract will expire in March 2016, the company has agreed to buy 370,000 tonnes a year of LNG for 10 years from April 2016.
The company also recently signed a deal with Qatargas 3 in which the company will deliver LNG to Tohoku for a period of 15 years starting from 2016, building up to a plateau volume of 0.18 million tonnes per annum from 2019 onwards.

Tohoku Electric Power of Japan said it has signed a deal to extend LNG purchases from Malaysia’s LNG II project, operated by Petronas.


Tohoku Electric Power has been buying  about 0.5 million tonnes of LNG a year from April 1996 from Malaysia II, but since this contract will expire in March 2016, the company has agreed to buy 370,000 tonnes a year of LNG for 10 years from April 2016.


The company also recently signed a deal with Qatargas 3 in which the company will deliver LNG to Tohoku for a period of 15 years starting from 2016, building up to a plateau volume of 0.18 million tonnes per annum from 2019 onwards.

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