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.