Committing to Russian LNG hard for Tokyo Gas

Committing to Russian LNG hard for Tokyo Gas

Japan’s second largest buyer of LNG from Russia, Tokyo Gas, is finding it difficult to tie up new Russian supplies of the liquefied gas due to concerns over sanctions imposed on Russia.

Vice chairman of Tokyo Gas, Shigeru Muraki said that due to the sensitivity of sanctions, it is hard to make a new commitment to take Russian LNG volumes, reports Platts.

He also noted that the Japanese company is more interested in Sakhalin-2 LNG due to an already existing infrastructure, and, even though the company earlier said it is business-as-usual when it comes to LNG purchases from Sakhalin-2, it is keeping a close eye on the effects of the sanctions on Russia.

Tokyo Gas imported 1.417 million mt of LNG from Russia in the fiscal year ended March 31, which makes around 12% of the company’s total imports.


LNG World News Staff, September 24, 2014; Image: Tokyo Gas

Share this article

Follow LNG World News


<< Nov 2019 >>
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >