Jera, Saibu Gas ink deal for third Hibiki LNG tank

JERA and Saibu Gas to collaborate in the strategic use of Hibiki LNG terminal

JERA Co., Inc and Saibu Gas Co., Ltd have agreed to collaborate in the strategic use of Hibiki LNG terminal.

Jera, Saibu Gas ink deal for third Hibiki LNG tank

In November last year, Japan’s city gas supplier Saibu Gas took a final investment decision to add the third LNG storage tank and related facilities at its Hibiki facility. Besides a 230,000-cbm LNG tank, the expansion includes other facilities such as such as LNG vaporizer, BOG compressors, and LNG tank truck loading facilities. The project is worth 50 billion yen ($356 million). According to Saibu Gas, construction is expected to start “around…