The agreement also covers the parties’ intention to discuss Toyota Tsusho’s potential acquisition of a minority equity interest in the Gladstone LNG Fisherman’s Landing project.
Golar LNG will provide the shipping necessary to transport the LNG from Australia to Toyota Tsusho’s nominated receiving facilities. Delivery of the LNG will utilize up to two of Golar LNG’s existing LNG carriers.
Oscar Spieler, Golar LNG’s chief executive officer commented that “We are delighted to have reached this important milestone in the development of the Gladstone LNG project. This agreement is a significant milestone for the project and we are very proud to have reached agreement with a corporation of the standing of Toyota Tsusho. We look forward to building a strong and mutually beneficial relationship with Toyota Tsusho over the life of the project.
