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Japan’s Kyushu joins Transborders FLNG project

Kyushu Electric is looking to increase the amount of LNG it buys from Australia as coal-to-gas switching gathers pace and concerns persist over nuclear reactor restarts Kyushu Electric is looking to increase the amount of LNG it buys from Australia as coal-to-gas switching gathers pace and concerns persist over nuclear reactor restarts.
By Sally Bogle 1 hour ago Asia Pacific / LNG 0 34311
Chevron Achieves First LNG at Wheatstone. (Chevron Australia)

Kyushu Electric Power, Japan's fourth-largest power company by sales volume, has entered into a formal joint study agreement with Transborders Energy to develop a small-scale FLNG vessel intended to commercialise stranded gas resources offshore Australia and other regions to supply the Asian market.

The project aims to convert a range of stranded gas resources into an FID-ready state within 24 months of the vessel’s deployment while also allowing LNG buyers access to competitive supplies.

Kyushu’s early participation enables it to prenegotiate commercial terms with...