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Tokyo Gas signs 10-year LNG HoA with Shell

April 5, 2019

Tokyo Gas signs 10-year LNG HoA with Shell

Tokyo Gas signed an HoA with Shell Eastern Trading for the sale and purchase of 0.5 MTPA of LNG for a period of 10 years, commencing in 2020. Shell and Tokyo Gas have come up with an innovative pricing formula that is based on coal indexation and included this into the agreement.

Edited from Tokyo Gas press release.