Eric Watkins
Senior Correspondent
LOS ANGELES, Jan. 24 -- Malaysia LNG Sdn. Bhd. (MLNG) signed a confirmation of intent to supply Japan's Shikoku Electric Power Co. Inc. with 420,000 tonnes/year of LNG for 15 years.
Beginning in 2010, with an option for 5 additional years, the LNG will be supplied to Shikoku from Petronas LNG's complex in Bintulu, Sarawak. The LNG will be transported to the receiving terminal in Sakaide, Japan.
MLNG said the receiving terminal, currently under construction and due for completion in 2010, was owned by Sakaide LNG Co. Inc., a joint venture of Shikoku, Cosmo Oil Co. Ltd., and Shikoku Gas Co. Ltd.
Contact Eric Watkins at [email protected].