LONDON, May 29 (Reuters) - A Singapore-based subsidiary ofoil major Shell has signed a 20-year liquefied naturalgas (LNG) deal with Japan's Chubu Electric, Shell saidon Thursday.
Under the agreement, Shell Eastern Trading will supply up to12 cargoes of LNG per year to Chubu Electric.
"Shell has a long history of supplying natural gas to Japan,and this agreement demonstrates our continued commitment to thecountry," said Maarten Wetselaar, vice president at ShellIntegrated Gas.
The deal, which will start in October, is the firstlong-term LNG supply agreement between Shell and Chubu Electric. (Reporting by Karolin Schaps; Editing by Dale Hudson)
