Japanese utility Hokuriku Electric Power said it has signed its first agreement to purchase LNG for future use in power generation.
The company said in a statement that the 380,000 tpa deal was signed with Malaysia LNG, a Petronas unit. Deliveries are agreed to start in April 2018 and continue for 10 years.
Hokuriku Electric intends to replace the coal-fired Unit 1 of Toyama Shinko thermal power station and introduce its first combined-cycle power generation facility that uses liquefied natural gas as the fuel. The start of operation of the gas-fired unit is scheduled for 2018.
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LNG World News Staff; Image: MISC