LNG (LIQUIFIED NATURAL GAS)

LNG Japan looking to increase Tangguh stake

A Japanese daily newspaper, the Nihon Keizai Shimbun, has revealed that Japan's LNG Japan Corp is...

According to the newspaper, LNG Japan is expected to pay around US$121.57 million for the share, which represents around half of the 10.7% stake the owners - the BG Group - is selling.

As keen as it is to acquire the stake, according to the Nihon Keizai, LNG Japan has to open negotiations with China's Chinese National Ocean Oil Co (CNOOC), which is also keen in acquiring the BG Group share.

LNG Japan currently holds a 1% share in Tangguh.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry