Japan Osaka Gas, Chubu sign deal for U.S. LNG imports

TOKYO, July 31 Tue Jul 31, 2012 2:20am EDT

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TOKYO, July 31 (Reuters) - Japan's Osaka Gas Co said on Tuesday it and Chubu Electric Power Co have signed a contract with Texas-based Freeport LNG Development with an eye to importing liquefied natural gas (LNG) from the U.S. mainland.

The deal will give each of the two Japanese firms a right to output of 2.2 million tonnes of LNG a year, Osaka Gas said in a statement. (Reporting by Osamu Tsukimori and Mayumi Negishi; Editing by Michael Watson)