Tokyo Gas locks 20-year LNG supply deal with US’s Venture Global amid energy diversification push

Tokyo Gas inks a 20-year LNG pact with Venture Global to diversify energy sources and assure long-term fuel import stability for Japan’s utilities sector.

Live Market Updates

Latest Financial News

neutral

Tokyo Gas locks 20-year LNG supply deal with US’s Venture Global amid energy diversification push

Tokyo Gas locks 20-year LNG supply deal with US’s Venture Global amid energy diversification push
Japan’s largest city gas supplier, Tokyo Gas, signed a 20 year liquefied natural gas (LNG) contract today with US exporter Venture Global, securing 1 million metric tons per annum from 2030 onward. The agreement reflects Tokyo Gas’s drive to diversify procurement sources and reduce dependence on traditional suppliers. Market analysts view the long term deal as a signal of strengthening Japan US energy ties and rising demand for stable LNG flows as global energy markets remain volatile.
Companies:
  • Tokyo Gas
  • Venture Global
Tags:
  • energy
  • lng