Japan's Shizuoka Gas sells re-load LNG cargo to Shell

Shizuoka Gas

13/06/2016 03:20

TOKYO, June 13 (Reuters) - Japanese city gas supplier 
Shizuoka Gas Co  9543.T  said it signed a contract to sell the 
first re-load liquefied natural gas (LNG) cargo from its 
modified Shimizu LNG terminal to Singapore-based Shell Eastern 
Trading Co. 
    The company completed the installation of re-load facilities 
to the Shimizu terminal in April, and the first re-load cargo 
will be shipped to Shell Eastern on a free-on-board basis (FOB) 
in the first quarter of 2017, the company said. 
    The company said it would aim to lower LNG procurement costs 
by boosting trading volumes and liquidity. 
 
 (Reporting by Osamu Tsukimori; Editing by Michael Perry) 
 ((osamu.tsukimori@thomsonreuters.com, +813 6441 1857, Reuters 
Messaging: osamu.tsukimori.thomsonreuters.com@reuters.net;)) 
 
Keywords: SHIZUOKA GAS LNG/SHELL