. Energy News .




.
ENERGY TECH
Japan's Mitsubishi, Mitsui ink US gas deal
by Staff Writers
Tokyo (AFP) April 18, 2012


Japan's Mitsubishi and Mitsui said Wednesday they will import liquefied natural gas (LNG) from the United States, amid a push to boost energy sources after last year's nuclear crisis.

The country's two largest trading companies said they would each order 4.0 million tonnes of the gas annually from Cameron LNG, a unit of Sempra Energy, as early as 2016, reportedly the first such deal between Japan and the US.

The deal comes as Japan pushes to boost new energy sources amid strong public opposition to restarting the country's atomic reactors after the March quake-tsunami disaster sparked the worst nuclear accident in a generation.

Resource-poor Japan and South Korea are the world's top LNG importers, accounting for nearly half of all shipments.

Last week, Mitsubishi said it was in talks with Royal Dutch Shell as well as a Chinese and a South Korean firm to produce liquefied natural gas in Western Canada, in a deal reportedly worth more than $12.0 billion.

On Wednesday, Mitsubishi said it had agreed to "procure 4.0 million tonnes annually from the North American natural gas market... processed through the Cameron LNG facility".

A Mitsubishi spokesman said the firm will then sell the gas, which is temporarily liquefied for easier storage and transportation, to utility customers in Japan and other parts of Asia.

"Under a situation where Japan is currently importing LNG mainly from the Middle East and Southeast Asia, LNG import from the United States will contribute to diversification of energy resources and increase flexibility of supply plans," Mitsubishi said.

A Mitsui spokesman confirmed the trader will buy 4.0 million tonnes of the liquefied gas from Cameron's facility in the southern US state of Louisiana.

Related Links
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Tokyo to buy disputed islands: governor
Tokyo (AFP) April 17, 2012
Controversial Tokyo governor Shintaro Ishihara provoked an angry reaction from China Tuesday after saying taxpayers in Japan's capital will buy a small chain of uninhabited islands at the centre of a damaging territorial dispute. Ishihara, an outspoken critic of Beijing who has made a career out of provocative nationalistic remarks, said he has approached the owner of the islands in the East ... read more


ENERGY TECH
FCC drops Google 'Street View' investigation

Envisat services interrupted

ITT Exelis delivers imaging system for next-generation, high-resolution GeoEye-2 satellite

Biggest environment satellite goes silent

ENERGY TECH
Lockheed Martin and Raytheon Complete Major GPS Integration Milestone

New Technology Tracks Sparrow Migration for First Time from California to Alaska

Galileo satellites intensify competition on the market of navigation

Hardware 'bug' hits TomTom nav devices

ENERGY TECH
DMCii's detailed satellite imagery helps Brazil stamp out deforestation as it happens

UCSB Study Shows Forest Insects and Diseases Arrive in U.S. Via Imported Plants

Russia decodes ancient dawn redwood DNA

Ancient Amazonians farmed without fire

ENERGY TECH
ORNL process improves catalytic rate of enzymes by 3,000 percent

Hot new manufacturing tool: A temperature-controlled microbe

Policies, learning-by-doing played important role in reducing ethanol costs

Hawaii plans biorefinery

ENERGY TECH
Clean Energy Collective Launches Community Solar Garden Financing Program

Construction Progressing on Sandy Cross Solar Farm in North Carolina

Ex-Im Bank Approves Export Financing for Solar Project in India

New Solar PV Test Kit Has Special Datalogging And Downloading Capabilities

ENERGY TECH
British engineering firm creates 1,000 wind farm jobs

Cape Wind picks contractors for wind farm

Reducing cash bite of wind power

GDF SUEZ, VINCI, CDC Infrastructure and AREVA mobilized for offshore wind power

ENERGY TECH
Buy coal? New analysis shows purchasing fossil fuel deposits best way to fight climate change

At least 15 dead in two China mine floods

Coal India faces government pressure

China's Chalco to buy stake in Mongolian firm

ENERGY TECH
'We are the serfs': Chinese debate Bo Xilai saga

Hong Kong's next leader to ban mainland babies

US calls for release of China rights defender

China's Ai Weiwei sues tax bureau after huge fine


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement