50th Year Anniversary of LNG (Liquefied Natural Gas) in Japan
November 4th, 2019 marks 50 years since LNG was first imported to Japan. Tokyo Electric Power Company (now JERA Co., Inc. “JERA”) and Tokyo Gas Co., Ltd. (Tokyo Gas), through Mitsubishi Corporation (Mitsubishi) acting as a buyer’s agent, started receiving LNG in 1969 from the Alaska LNG Project with Phillips Petroleum (now ConocoPhillips) as a seller.
Demand for LNG and natural gas is expected to further increase globally, especially in emerging countries. The role of LNG and natural gas is expected to expand further in the next half-century, such as utilization by LNG fired power plants to compliment power supply fluctuations of renewables which are rapidly growing throughout the world.
JERA, Tokyo Gas, Mitsubishi and ConocoPhillips will continue contributing to the further usage of LNG and to the development of the LNG industry by utilizing the experience and knowledge accumulated during the 50 years.
To celebrate the 50th year anniversary of the introduction of LNG, the four companies are hosting “The Ceremony for the 50th Anniversary of LNG to Japan” on November 6th, 2019.
Source / More : Mitsubishi Corporation
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