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Article: Norwegian Golar LNG to sell Gladstone gas to Japan's Toyota Tsusho.
- Article from:
- ADP News Nordic
- Article date:
- September 17, 2009
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(ADPnews) - Sep 17, 2009 - Gas tanker group Golar LNG Ltd (OSL:GOL) said today it had signed a heads of agreement to sell liquefied natural gas (LNG) from the Gladstone project in Australia to Japanese trading company Toyota Tsusho Corporation (TYO:8015).
Financial details were not provided.
The agreement covers the sale of all the production from the first train from the project in the Queensland state. Golar will deliver some 1.5 million tonnes a year of LNG to Toyota Tsusho over a 12-year period from 2014, with a separate build-up period starting at the end of 2012. In ...