By LNG World News Tokyo Gas of Japan could swap its United States LNG volumes with equivalent quantities of Asian sourced liquefied natural gas.
Michiaki Hirose, Tokyo Gas president said the company would deliver its US sourced LNG to a number of locations while bringing Asian sourced LNG to Japan, Platts reports.
The company has booked 0.72 million tons of LNG per year from the Cameron LNG project and an additional 1.4 million tons of LNG per year from the proposed Cove Point LNG terminal.
Hirose was reported as saying that swapping cargoes could provide resistance to price movements resulting in cheaper LNG cargoes. He added
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