Japan

GAIL executes MoU with Chubu Electric of Japan for joint LNG procurement

Leave a Comment / Corporate News /

During the Gastech Conference being held in Seoul, South Korea, GAIL announced having signed a Memorandum of Understanding (MoU) with Chubu Electric Power Co., Inc., Japan (Chubu) on 21.03.2014. Under the MoU, GAIL and Chubu shall mainly explore possibilities for collaboration in the area of joint LNG procurement. Besides, the two companies will also seek to collaborate on shipping […]

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Japan’s gas demand to hit record in 2014-15

Leave a Comment / Green energy, Uncategorized /

According to Federation of Electric Power Companies (FERC), Japan’s prime power utilities used 16.3 less crude and fuel oil in October last year. The country however increased the consumption of liquefied natural gas (LNG) in subsequently. It is expected that country’s national gas usage will hit record in the coming fiscal year 2014-15 because of

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