Referenced Stocks

Tokyo Gas, Malaysia Sign LNG Deal

By International Business Times,  August 29, 2012, 03:02:08 AM EDT

Tokyo Gas, top city gas supplier of Japan, has forged a basic agreement to purchase liquefied natural gas ( LNG ) from Malaysia at 900,000 tonnes annually for 10 years, effective April 2015.

The new agreement comes as a renewal to an existing deal which is due to expire a month before, at the end of March 2015.

Tokyo Gas, which buys LNG from the Malaysia Dua LNG project, signed the agreement with Malaysia LNG Sdn Bhd, led by Malaysia's state oil firm Petronas.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: LNG



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