The project involves Glenfarne refining natural gas produced from the North Slope gas fields in Alaska, the US, and transporting it to the Nikiski LNG terminal for liquefaction. The project will produce approximately 20 million tpy of LNG. Given the region's abundant natural gas reserves and proximity to Asia, the project has the potential to contribute to improving the stability of LNG supplies in the region.
Tokyo Gas has set a goal of ‘Transforming the LNG Value Chain’ in its Group Management Vision, ‘Compass 2030’. With an eye on procuring LNG from this project, the company will contribute to a stable supply of energy by diversifying its raw material procurement sources, taking into account the balance of supply stability, price, and flexibility.
