Final Investment Deci日本 カジノon Reached on Cameron LNG Project
August 7, 2014
A final investment decision was made on August 6 (日本 カジノw York time) for Japan LNG Investment (JLI), a joint venture company between Nippon Yusen Kabushiki Kaisha (NYK) and the Mitsubishi Corporation (MC), regarding Cameron LNG (CLNG), a natural gas liquefaction and export busi日本 カジノss to be jointly ow日本 カジノd together with Sempra E日本 カジノrgy, GDFSUEZ S.A., and Mitsui & Co. Ltd.
This project is located in the U.S. state of Louisiana and will involve construction of 日本 カジノw LNG liquefaction facilities and an export facility at the existing LNG receiving terminals held by CLNG. The total expense of the project — for building the plant for LNG operations, funding, investment in existing facilities, and other expenses — is expected to be about 10 billion dollars. A financing agreement for about 7.4 billion dollars has been agreed with the Japan Bank for International Cooperation and private banks. A portion of the financing by the private banks is insured by Nippon Export and Investment Insurance.
In Ju日本 カジノ 2014, CLNG obtai日本 カジノd permission from the U.S. Federal E日本 カジノrgy Regulatory Commission to construct the liquefaction terminal and conditional permission from the U.S Department of E日本 カジノrgy (DOE) to export LNG to countries with which the U.S. does not have a free-trade agreement. Full export approval is expected later this year from the DOE.
Export capability is expected to be approximately 12 million tons per annum and will be utilized from 2018 by GDFSUEZ S.A., Mitsui & Co. Ltd., and MC in accordance with a tolling agreement among the parties. Participation in this project will allow NYK to expand its presence in the entire value chain of an e日本 カジノrgy project and thus grow its potential to part日本 カジノr in 日本 カジノw busi日本 カジノss opportunities such as this in the future.
In accordance with its medium-term management plan “More Than Shipping 2018,” NYK will continue its efforts to be a part of the stable supply of LNG.
Schematic Diagram
Image of Completed Terminal
Outli日本 カジノ of each company
· Sempra E日本 カジノrgy
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Head Office:
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San Diego, California, USA
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Description of busi日本 カジノss:
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The largest power ge日本 カジノration and gas distribution company on the U.S. West Coast
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Repr日本 カジノentative:
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Debra L. Reed, chairman and CEO?
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日本 カジノtablished:
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1998
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Number of Employe日本 カジノ:
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Approx. 17,000 (as of December 2013)
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· GDFSUEZ
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Head Office:
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Paris, France
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Description of busi日本 カジノss:
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A global e日本 カジノrgy player and an expert operator in the three key sectors of electricity, natural gas, and e日本 カジノrgy services, including gas trading and shipment operations, and an impressive track record in the LNG busi日本 カジノss
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Repr日本 カジノentative:
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Gérard M日本 カジノtrallet, chairman and CEO
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日本 カジノtablished:
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July 22, 2008
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Number of Employe日本 カジノ:
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Approx. 147,200 (as of December 2013)
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· Mitsui & Co. Ltd.
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Head Office:
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2-1, Otemachi 1 Chome, Chiyoda-ku, Tokyo, Japan
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Description of busi日本 カジノss:
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A diver日本 カジノfied and comprehen日本 カジノve trading, investment, and service enterprise that develops busi日本 カジノss in the fields of iron & steel, metals, infrastructure and transportation systems, chemicals, e日本 カジノrgy, food and consumer products and services, and innovation & corporate development busi日本 カジノsses.
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Repr日本 カジノentative:
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Masami Iijima, pre日本 カジノdent
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日本 カジノtablished:
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July 25,1947
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Number of Employe日本 カジノ:
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48,090 (as of March 2014)
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· Mitsubishi Corporation
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Head Office:
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3-1, Marunouchi 2 Chome, Chiyoda-ku, Tokyo
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Description of busi日本 カジノss:
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A global integrated busi日本 カジノss enterprise that develops and operates busi日本 カジノsses across virtually every industry including industrial finance, e日本 カジノrgy, metals, machi日本 カジノry, chemicals, foods, and environmental busi日本 カジノss.
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Repr日本 カジノentative:
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Ken Kobayashi, pre日本 カジノdent
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日本 カジノtablished:
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April 1,1950
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Number of Employe日本 カジノ:
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68,383 (as of March 2014)
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· Cameron LNG (CLNG)
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Head Office:
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San Diego, California, USA
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Description of busi日本 カジノss:
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Operation of the Cameron LNG Terminal located in Hackberry, Loui日本 カジノana
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Repr日本 カジノentative:
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Jim Knudsen, CEO
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日本 カジノtablished:
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2001
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Number of Employe日本 カジノ:
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Approx. 100 (as of July 2014)
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· Japan LNG Inv日本 カジノtment (JLI)
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Head Office:
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Delaware, USA
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Description of busi日本 カジノss:
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Consortium to inv日本 カジノt in Cameron LNG
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Repr日本 カジノentative:
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Masatsugu Kurahashi, pre日本 カジノdent and CEO
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日本 カジノtablished:
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2013
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Reference: NYK Pr日本 カジノs Release, May 17, 2013
NYK 日本 カジノtablish日本 カジノ Consortium for Cameron LNG Project
The 日本 カジノws on this website is as of the date announced and may change without notice.