U.S. imports of LNG competing with India

Although the U.S. government was cautious because of LNG exports slow progress, but that does not hinder the buyer's enthusiasm. U.S. natural gas continued to face high yield and good export prospects,unconventional gas many countries have the same contention LNG import contract signed by the United States, despite the large-scale exports to the United States exactly when LNG is still unknown.
Japan is one of the most active countries. Back in March of this year, Japan has the resources and support of its new strategy, said since 2016, and strive to expand imports from the U.S. LNG. Recently, Japan's three companies Mitsui, Mitsubishi and Nippon Yusen announced that it will build LNG production bases in the United States, Japan, aims to stabilize supply LNG.
It is reported that three companies and to participate in its Sempr Cameron LNG export project reached an agreement,fracturing proppant the three companies this will be a total investment 100 billion yen. The project is expected to provide 8 million tons per year for the Japanese LNG, accounting for about 10% of domestic demand in Japan. Mitsui and Mitsubishi said it plans to purchase LNG from Cameron sold to Tokyo Electric and other Japanese and Asian power and gas companies.
India has just passed the approval of the project showed great interest in Freeport. India has not signed a free trade agreement with the United States, while the Freeport project is for India to see through to import more U.S. LNG hope.
India's largest LNG importer Petronet LNG Corp.Proppant said a few days ago and the company is headquartered in Houston, United States United LNG has signed a conditional preliminary agreement under which the company in 20 years, United LNG annually from U.S. companies import about 4 million tons LNG.
Indian Ambassador Nirupama Rao said that the United States and India's future LNG trade cooperation will be further strengthened. He stressed that the U.S. LNG exports to India will be a win-win cooperation. "India is a large gap in demand for natural gas, with an estimated 2.2 trillion cubic feet per year by 2016 this gap may reach 4 trillion cubic feet in 2030 reached 800 million cubic feet, while for India, the United States regardless of LNG quantity and price terms are attractive. "