Saibu Gas has formed a strategic alliance with power giant JERA to improve utilization of its Hibiki LNG terminal in Kitakyushu. The deal includes shared LNG use and plans for a new 230,000-kiloliter storage tank, partly leased to JERA, set to start operations in FY2029. The ¥50 billion project aims to stabilize LNG supply and enhance terminal efficiency. Saibu Gas sees the move as key to strengthening its energy business and profitability. Source: Saibu Gas
Stay informed with the latest Fukuoka & Kyushu news and events in English. Sign up for our free weekly newsletter today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with The Now
Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using this form.
