Niihama LNG Terminal
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Niihama LNG Terminal is an operating LNG terminal in Niihama, Ehine, Shikoku, Japan.
Location
Project Details
- Operator: Niihama LNG Co Ltd[1]
- Owner: Niihama LNG Co Ltd[2]
- Parent: Tokyo Gas (50.1%), Shikoku Electric Power (30%), Sumitomo Chemical (14.9%), Shikoku Gas (5%)[3][4]
- Location: Niihama, Ehine, Shikoku, Japan
- Coordinates: 33.984979, 133.314241 (exact)
- Capacity: 1 mtpa[5]
- Status: Operating[3]
- Type: Import
- Cost: 60-70 billion yen (US$547- US$639 million)[6]
- Start Year: 2022[3]
- Associated Infrastructure: Niihama Kita thermal power station
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
In February 2018 Sumitomo announced that it would build a terminal in Niihama with a 230,000 cubic meter storage tank.[7] Sumitomo will work with Shikoku Electric Power, Shikoku Gas and Tokyo Gas Engineering Solutions in the development of the project.[7]
The new 1 mtpa Niihama LNG terminal is under construction on Shikoku island with operations expected to start by February 2022. The terminal is planned to supply gas to a new 150 MW CCGT power plant scheduled to come online in July 2022.[5]
In February 2022, Tokyo Gas said it was set to issue "transition bonds" in order to fund three of its projects, including the Niihama LNG terminal. The 7-year and 10-year bonds, planned to be issued in March 2022, were reported to be worth about 20 billion yen (US$173.1 million).[8]
In March 2022, Niihama LNG terminal began operations.[3]
Articles and resources
References
- ↑ Major Group Companies. Tokyo Gas. Accessed June 2022.
- ↑ "Japan's Tokyo Gas and partners launch Niihama LNG import terminal". LNG Prime. 2022-03-02. Retrieved 2022-06-08.
- ↑ 3.0 3.1 3.2 3.3 "Japan's Niihama LNG terminal starts operations | Argus Media". www.argusmedia.com. 2022-03-02. Retrieved 2022-06-08.
- ↑ Group Companies. Sumitomo Chemical. Accessed June 2022.
- ↑ 5.0 5.1 GIIGNL 2021 Annual Report, accessed May 5, 2021
- ↑ Tokyo Gas unit and partners to build Niihama LNG terminal in Japan, Offshore Energy, Feb. 6, 2018
- ↑ 7.0 7.1 Shikoku island to get a third LNG receiving terminal, Riviera, Feb. 7, 2018
- ↑ Tokyo Gas plans bond issue to fund Niihama LNG terminal, LNG Prime, Feb. 15, 2022
