Hokuriku Electric signs first LNG supply deal

Hokuriku Electric signs first LNG supply deal

Japanese utility Hokuriku Electric Power said it has signed its first agreement to purchase LNG for future use in power generation. 

The company said in a statement that the 380,000 tpa deal was signed with Malaysia LNG, a Petronas unit. Deliveries are agreed to start in April 2018 and continue for 10 years.

Hokuriku Electric intends to replace the coal-fired Unit 1 of Toyama Shinko thermal power station and introduce its first combined-cycle power generation facility that uses liquefied natural gas as the fuel. The start of operation of the gas-fired unit is scheduled for 2018.

LNG World News Staff; Image: MISC

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