Japan likely buyer for US LNG exports

06/11/2012
The US could become a major LNG supplier to Asia in the future, Toshi Yoshida, global energy partner of Mayer Brown LLP, told a Mayer Brown energy conference in Houston on May 23. Other Mayer Brown conference speakers noted the growth in oil and gas production from shale plays in recent years. Given the surplus in US gas supply, various companies are considering using US LNG terminals to export LNG to Europe and Asia. US LNG terminals were built to import LNG before the shale production boom. Meanwhile, Japan's reliance on fossil fuel is climbing because all of its nuclear reactors are offline following the March 2011 incident in which an 8.9 magnitude earthquake hit off Tohoku, eastern J...
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