SHIZUOKA GAS CO., LTD. (“Shizuoka Gas”) is pleased to announce that it has entered into LNG Sale and Purchase Agreement (“SPA”) with Clean Energy CO.,LTD in China (Subsidiary of Dalian Inteh Holdings Co.,Ltd) to deliver the liquefied natural gas (“LNG”) from Shimizu LNG Terminal in the form of ISO tank containers.
Shizuoka Gas has been seeking further utilizations of Shimizu LNG terminal since 2017 when it made a success of reloading LNG through the reloading facility. This is the first binding term contract in Japan to transport LNG through ISO tank containers to China where gas demand is rapidly increasing.
LNG to be supplied from Shizuoka Gas would be delivered to Taishan Gas Group and Rizhao Public Transport Group in China through Clean Energy and Ants Energy as a LNG selling company under Dalian Inteh Holdings.
Shizuoka Gas is continuously committed to pursuing the possibilities for satisfying various customer requests by increasing transaction volumes at Shimizu LNG Terminal and taking advantage of liquidity in expanding global LNG market.
■SPA Overview
Buyer |
Clean Energy CO.,LTD (100%-Owned Subsidiary of Dalian Inteh Holdings Co.,Ltd) (Address:B3104 Times Square, No. 26 Century Street, Zhongshan District, Dalian, China) |
Seller |
SHIZUOKA GAS CO., LTD. (Address:1-5-38 Yahata, Suruga-ku, Shizuoka 422-8688) |
Contract Term |
2019 to 2021(3 years) |
Contract Quantity |
1600 Metric tons per year |
■Company Profile of Dalian Inteh Holdings Co.,Ltd
Company Name |
Dalian Inteh Holdings Co.,Ltd |
Representative |
Mr. Yu Fengjie |
Established |
February 11, 2014 |
Lines of Business |
Marine Transport Business, Logistics Business, LNG Terminal Business, Energy Trade, E-Commerce |
Capital |
RMB 100 million |
Address |
2-406, Xiaopingdao Square, Ganjingzi District, Dalian City, Liaoning Province, China 116023 |