The company behind a proposed liquefied natural gas export terminal on Oregon’s southern coast has been busy lining up customers in Asia.
On Friday, the Canadian firm Veresen announced a preliminary purchase agreement with the Japanese trading company ITOCHU. Two weeks earlier, Veresen said it had a similar agreement in place with another Japanese firm, JERA.
Both deals are for 1.5 million tons of liquefied natural gas per year for 20 years. If finalized, they vouch for half the expected production capacity of the proposed LNG terminal in Coos Bay, Oregon.