LNG Production Begins in Japan-Linked U.S. Project

Politics Economy

New York, May 14 (Jiji Press)--Production of liquefied natural gas began on Tuesday at U.S. facilities under a project financed by investment from major Japanese trading houses Mitsui & Co. <8031> and Mitsubishi Corp. <8058>.

Visiting the facilities in the southern state of Louisiana the same day, U.S. President Donald Trump stressed his administration's plan to expand energy exports.

For its part, Japan is increasing imports of U.S.-made LNG as part of its policy of diversifying resource suppliers.

Production started at some facilities for the Cameron LNG project, which will have a total liquefaction capacity of 12 million tons a year.

Mitsui and Mitsubishi will each receive one-third of the LNG produced there for sale mainly in Japan.

[Copyright The Jiji Press, Ltd.]

Jiji Press