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BRIEF-Osaka Gas plans overseas LNG sales, eyes German deal - Nikkei

Published 28/07/2016, 03:25 am
© Reuters.  BRIEF-Osaka Gas plans overseas LNG sales, eyes German deal - Nikkei
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July 27 (Reuters) -

* Osaka Gas is working toward an agreement to sell LNG made from U.S. shale gas to Uniper, a unit of German energy provider E.ON - Nikkei

* Osaka's deal with Uniper will involve roughly 20-yr contract under which uniper would be responsible for shipping gas from point of production - Nikkei

* More than 10 million tons of LNG would be supplied over the life of Osaka's deal with Uniper - Nikkei

* LNG sold to Uniper by Osaka would be exported from Freeport liquefaction plant and loading facility under construction in U.S. state of Texas - Nikkei

* Osaka Gas is also seen as able to resell around 40% of the LNG from shares in two Australian projects - Nikkei

Source text for Eikon: (Bengaluru Newsroom: +1 646 223 8780)

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