Osaka Gas to Buy Malaysian LNG.Tokyo, Japan, Apr 12, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Osaka Gas will buy 15 years worth of liquefied natural gas liquefied natural gas: see under natural gas. Liquefied natural gas (LNG) A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. (LNG LNG (liquefied natural gas): see under natural gas. ) from Malaysia LNG Sdn Bhd (MLNG MLNG Malaysian Liquefied Natural Gas ). The maximum annual volume under this Confirmation of Intent (COI) is 920,000 tons, ensuring Osaka Gas a stable supply after 2009. Adding this COI to the earlier contracts between Malaysia and the company means 1.6 million tons of LPG will be acquired every year. MLNG is a major supplier of LNG and supplies 23 million tons annually to other countries - mainly Japan, Korea and Taiwan. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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