Osaka Gas/Chubu Electric Invest In Proposed Freeport LNG Facility

Osaka Gas Co., Ltd. and Chubu Electric Power Co., Inc. have entered into an agreement with Freeport LNG to invest $1.2 billion of equity funding for Freeport LNG's proposed natural gas liquefaction and LNG-loading facility on Quintana Island near Freeport, TX. The facility involves the development of three liquefaction plants or trains.