A Singapore-based subsidiary of Shell has signed a long-term deal to supply Liquefied Natural Gas (LNG) to Japan.
Under the agreement, Shell Eastern Trading will provide Japanese firm Chubu Electric Power with 12 cargoes of LNG every year for the next 20 years.
Chubu Electric supplies power to central Japan’s Chubu region, which is a major manufacturing hub.
Maarten Wetselaar, Executive Vice President at Shell Integrated Gas said: “Shell has a long history of supplying natural gas to Japan and this agreement demonstrates our continued commitment to the country.”
The deal is however the first long-term LNG supply agreement between the two companies.