Tokyo Gas Co., Ltd. and Mitsui O.S.K. Lines, Ltd. today announced that Tokyo LNG Tanker Co., Ltd., a wholly owned subsidiary of Tokyo Gas and MOL executed an agreement under which Tokyo LNG Tanker will receive a minority stake of the shares owned by MOL in the joint-venture companies related to the LNG Shuttle and Regasification Vessels (SRVs) owned jointly by MOL and Höegh LNG.

SRVs take on liquefied natural gas (LNG) cargo at loading terminals and upon arrival at its destination, regasify it onboard, and transfer it to shore via pipelines built on the seabed.