Hokkaido Electric Power Begins Expansion of Ishikari LNG Terminal

Hokkaido Electric Power has commenced work to expand the capacity of Ishikari LNG terminal.

The company said on Tuesday it has started building the fourth storage tank at the terminal on Hokkaido, Japan’s second biggest island.

The tank will have a capacity of 230,000 kl and is expected to be complete by October 2020. The expansion, the company said, will be able to improve the operational flexibility of Ishikari Bay New Port power plant which is currently under construction. 

Hokkaido Gas Co owns the first and the second tank while third and the fourth tank is owned by Hokkaido Electric.

In September 2015, Hokkaido Electric signed agreements to buy up to 330,000 tonne per year of LNG. The utility signed basic agreements with Kansai Electric Power Co and a unit of Petronas to buy up to three and two cargoes per year, respectively, for 10 years from April 2018.