Japan’s Toho Gas to Buy from LNG Canada Project for 15 Years

Japan’s Toho Gas Co. announced that it has signed a basic agreement with a wholly-owned subsidiary of Mitsubishi Corp. to buy up to four cargoes or 0.3 million tonnes per annum of LNG from the British Columbia-based LNG Canada project over 15 years starting 2024/2025. The project was cleared by Royal Dutch Shell, Mitsubishi, and other partners last week. Toho Gas Co. is based in Nagoya, Japan and engages in the gas, heat supply, and electricity businesses.

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