Japan Oil and Gas News Update Jan 2014

• INPEX inaugurates new LNG receiving terminal – Japan’s INPEX Corporation has completed the Naoetsu LNG Terminal located in Joetsu City, in the Niigata Prefecture, Japan.
• India and Japan are stepping up the pressure for cheaper liquefied natural gas (LNG) with potential joint tenders as two of the world’s biggest gas buyers try to ease the pain of high prices and rising demand.
• South Texas-based Magnum Oil Tools International, Ltd. (“Magnum”) is proud to announce an exclusive distributorship agreement with Kureha Corporation from Tokyo, Japan.