Osaka Gas Co Ltd (9532.T)
18 May 2018
Latest Key Developments (Source: Significant Developments)
: Osaka Gas is working toward an agreement to sell LNG made from U.S. shale gas to Uniper, a unit of German energy provider E.ON - Nikkei . Osaka's deal with Uniper will involve roughly 20-yr contract under which uniper would be responsible for shipping gas from point of production - Nikkei . More than 10 million tons of LNG would be supplied over the life of Osaka's deal with Uniper - Nikkei . LNG sold to Uniper by Osaka would be exported from Freeport liquefaction plant and loading facility under construction in U.S. state of Texas - Nikkei .Osaka Gas is also seen as able to resell around 40% of the LNG from shares in two Australian projects - Nikkei. Full Article
** Papua New Guinea's (PNG) liquefied natural gas (LNG) project aims to finalise supply agreements with shortlisted companies for up to 1.3 million tonnes per year of LNG in the first half of 2018, project partner Oil Search said.