May 14, 2019 20:01 JST

Source: Mitsubishi Corporation

Mitsubishi Corporation: Production Underway at Cameron LNG

TOKYO, May 14, 2019 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that the production of liquefied natural gas (LNG) from the Cameron LNG Project officially commenced on May 14, 2019, local time. MC's involvement in the project is by way of Japan LNG Investment, LLC (JLI), a joint venture with Nippon Yusen Kabushiki Kaisha.

Construction of the project facilities began after the final investment decision was reached in August 2014. Now that production is underway, it will take several weeks to be loaded onto carriers for the first shipment.

The project is operated by Cameron LNG, LLC (CLNG), whose partners and shareholders include Sempra Energy (50.2%), Total (16.6%), Mitsui & Co. (16.6%) and JLI (16.6%). The May production launch is via the first liquefaction train, however second and third trains are currently under construction. Each train has a production capacity of 4 million tons per annum (MTPA), meaning that once all three trains are operational, the project will be capable of supplying 12 MTPA.

MC plans to source natural gas from throughout North America and deliver it via pipeline to the Cameron LNG terminal, where it will be liquefied by CLNG under a 4 MTPA tolling agreement. Those 4 million tons will then be sold to buyers in Japan and around the world by MC's affiliated LNG marketing company.

With the rising global population driving up consumption, there has been an increased demand in recent years for greener energy sources, including LNG. Recognizing this trend, MC hopes to leverage the Cameron LNG Project to add the US to its existing LNG sources in Southeast Asia, the Middle East and Australia, thereby helping to ensure a stable, long-term supply. This aim is consistent with MC's mission to simultaneously generate economic, societal and environmental value.

Contact:
Mitsubishi Corporation
Telephone: +81-3-3210-2171
Facsimile: +81-3-5252-7705
Source: Mitsubishi Corporation
Sectors: Energy, Alternatives, Engineering

Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


First Shipment of LNG from the LNG Canada Project
July 01 2025 10:00 JST
 
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
June 02 2025 13:35 JST
 
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
May 30 2025 17:36 JST
 
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
April 11 2025 09:39 JST
 
Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking
April 09 2025 17:22 JST
 
Mitsubishi Corporation Announces Corporate Strategy 2027
April 04 2025 08:04 JST
 
Mitsubishi Corporation: Development of R&D Hub "iPark Kobe" in Kobe Medical Industry City
April 01 2025 13:16 JST
 
Mitsubishi Corporation, ADM Sign Non-Binding MOU, Form Strategic Alliance
March 28 2025 15:29 JST
 
Start of Joint Study on Integrated Power and Data Center Business in Ohgishima area in Keihin District
March 26 2025 13:31 JST
 
Hokkaido Electric Power Corporation and Mitsubishi Corporation Establish a Joint Venture "Hokkaido Renewable Energy Aggregation Co., Ltd."
March 13 2025 12:26 JST
 
More Press release >>

Latest Press Release


More Latest Release >>