Japanese Utility Set to Sign LNG Supply Deal From U.S. Lake Charles Project

Kyushu Electric Power will sign a 20-year supply agreement to receive LNG from Energy Transfer’s Lake Charles export facility if its development proceeds as planned. The supply deal will be Kyushu Electric Power’s first-ever agreement for LNG deliveries from the United States, which will help diversify the utility’s energy sourcing, the company said in a statement on Thursday carried by Reuters. A spokesperson for Kyushu Electric Power told the newswire that the company had not been asked by the Japanese authorities to buy U.S.…