Tepco Allocates 40 Billion Yen to Switch Terminals to Lean LNG

Tokyo Electric Power Co., Japan’s biggest consumer of liquefied natural gas, will spend 40 billion yen ($430 million) to convert two LNG terminals at Tokyo Bay to receive natural gas with a lower heat content.

The company known as Tepco will switch two sites at Futtsu and Higashi Ohgishima to take a total of 9 million metric tons a year of so-called lean LNG, Toshiaki Koizumi, general manager of the utility’s fuels department, said yesterday by phone.