Posted - August 19, 2013 - Hellenic Shipping News Worldwide
Japanese LPG supplier Eneos Globe said Monday it extended a contract
with Houston-based Enterprise Products Partners to buy about 300,000
mt/year of LPG beyond 2017.
The company previously signed a contract to buy 200,000 mt/year of LPG
in 2014 and 300,000 mt/year each in 2015 and 2016 from the US LPG
supplier, a company official said Monday.
The company did not disclose the period of the contract beyond 2017.
"The extension of the contract with the company [Enterprise], which has
strong influence on the midstream business in US, is expected to
contribute to long-term, stable procurement of LPG from the US Gulf,
which lowers dependence on the Middle East," the statement said.
Eneos Globe is a joint venture between JX Nippon Oil & Energy, Mitsui & Co., and Marubeni Corp.
Source: Platts
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