Shizuoka Gas signs SPA with Clean Energy in China to deliver LNG from Shimizu LNG Terminal
Shizuoka Gas has entered into a RMB 100m LNG Sale and Purchase Agreement (SPA) with Clean Energy in China (Subsidiary of Dalian Inteh Holdings Co.,Ltd) to deliver LNG from Shimizu LNG Terminal in ISO tank containers.
The contract term is three years (2019-2021) for a quantity of 1,600 tonnes per year.
Shizuoka Gas has been seeking further utilisations of Shimizu LNG terminal since 2017 when it made a success of reloading LNG through the reloading facility. This is the first binding term contract in Japan to transport LNG through ISO tank containers to China where gas demand is rapidly increasing.
LNG to be supplied from Shizuoka Gas would be delivered to Taishan Gas Group and Rizhao Public Transport Group in China through Clean Energy and Ants Energy as a LNG selling company under Dalian Inteh Holdings.
Shizuoka Gas is continuously committed to pursuing the possibilities for satisfying various customer requests by increasing transaction volumes at Shimizu LNG Terminal and taking advantage of liquidity in expanding global LNG market.
For more information visit www.shizuokagas.co.jp
18th February 2019