Chubu Electric Orders Japan's Largest Aboveground Full Containment LNG Tank

Tokyo, September 15, 2009 — Kawasaki Heavy Industries, Ltd. announced today that it has received an order for two liquefied natural gas (LNG) tanks from Chubu Electric Power Co., Inc. Both LNG tanks will be constructed at Chubu Electric's Kawagoe Thermal Power Station. When completed, the prestressed concrete (PC) LNG storage tanks, each with a capacity of 180,000 KL, will be among the largest aboveground full containment LNG tanks in Japan. Kawasaki broke ground for the LNG tanks in January 2009 and the tanks are slated to go into service in 2013.

Located in the town of Kawagoe, in northern Mie Prefecture, the Kawagoe Thermal Power Station is one of the world's largest LNG thermal power plants, boasting a total output of 4,802,000 kW. The power station currently operates four 120,000KL LNG tanks. These two new LNG tanks will add greater stability and flexibility to Chubu Electric's LNG procurement operations.

Since the delivery of its first underground LNG tank in 1982 and aboveground tank in 1983, Kawasaki has outfitted Japan with every type of LNG tank on the market, including single/double/full containment tanks, in-pit tanks, as well as in-ground and underground membrane tanks. Kawasaki has also been involved in international LNG tank construction projects in Korea and elsewhere. To date, there are 26 Kawasaki-built LNG tanks in successful operation around the world.