With its nuclear fleet’s uncertain future, the world’s largest importer of liquefied natural gas (LNG), Japan, is turning toward natural gas as its power generation fuel of choice for the mid-term.
In an effort to encourage development among small-size power producers, Japan is considering a new pipeline project reaching from Sendai in the tsunami-blasted northeastern region of the main island, Honshu, to the northern end of Kyushu, which lies off the most southwestern tip of Honshu.
While the route has not been decided, the Japanese Ministry of Economy, Trade, and Industry (METI) has already announced that it intends to import LNG from the American market, where prices are much lower than in Japan.
Meanwhile, in America, natural gas prices received a boost after Cheniere Energy announced it expects to receive $3.4 billion in financing for a liquefied-natural-gas export facility.
The export facility would have the potential to help ease the country’s current glut of natural gas by allowing natural gas producers to ship the fuel overseas.
This spring, the collaboration was strengthened as a result of a new phase of a space project being developed by ARCA, namely tests on the Haas 2C rocket engine. In order to carry out those tests, ARCA needed a reliable partner in the form of a supplier of liquid oxygen.
Houston, Texas, based Thigpen Energy has selected Chart for the provision of LNG fueling equipment and supplies – with construction already underway. Earlier this week it was announced that the company’s eastern European outfit, Chart Ferox, was chosen to construct LNG filling station in Poland.
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.