Japan signs new deal with Oman to buy 2.3 mil. tons of LNG per year

Japanese trading houses Mitsui & Co., Itochu Corp. and electricity firm Jera Co. agreed Tuesday with Oman to purchase about 2.35 million tons of liquefied natural gas a year from the Middle East country, the Japanese industry ministry said.Against the backdrop of energy supply disruptions due to Russia's invasion of Ukraine, oil and gas explorer Inpex Corp. also announced the same day it has signed a 20-year agreement with Venture Global LNG to purchase 1 million tons per annum of LNG from the United States, one of the world's leading LNG exporters.Japanese industry minister Yasutoshi Nishi…READ FULL ARTICLE