Marcellus/Utica Gas Going to Japan: TGP Signs 20-Year Export Deal
Last week the Tennessee Gas Pipeline (TGP), which runs through the Marcellus/Utica region, signed a 20-year agreement with Mitsubishi Corporation of Japan to ship natural gas to the Gulf Coast (Louisiana) where it will be liquefied–turned into LNG–and exported to Japan. This is the second such agreement to export Marcellus and Utica Shale gas to Asia. A little over one month ago Dominion announced a 20-year deal to export 100% of the output from their planned Cove Point, MD LNG plant. The gas from Cove Point will go to both India and Japan (see Dominion’s Cove Point LNG Facility Achieves Important Milestones).