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Japan Looks to Restart Nukes to End Russian LNG Reliance

Japan Looks to Restart Nukes to End Russian LNG Reliance

Japan expects to reduce its reliance on Russian liquefied natural gas (LNG) imports, but it’s unlikely to happen quickly, officials said. The Group of Seven (G-7), an inter-governmental political forum, has been considering ways to punish Russia following its invasion of Ukraine. The G-7 consists of Canada, France, Germany, Italy, Japan, the UK and the…

June 3, 2022
Jera Moves to Secure Additional LNG Supplies by Taking Stake in Barossa Project

Jera Moves to Secure Additional LNG Supplies by Taking Stake in Barossa Project

Japan’s largest power producer, Jera Co. Inc., said it would take a 12.5% interest in the Barossa natural gas project offshore Australia’s Northern Territory as it continues to secure additional liquefied natural gas (LNG) supplies. Santos Ltd. sanctioned the $3.6 billion project earlier this year to develop the Barossa field to supply the Darwin LNG…

December 8, 2021
Jera Acquires Additional Interest in Freeport LNG for $2.5B

Jera Acquires Additional Interest in Freeport LNG for $2.5B

Japan’s largest power producer, Jera Co. Inc., is acquiring a 25.7% stake in the Freeport liquefied natural gas (LNG) export terminal in Texas for $2.5 billion as it looks to secure more of the super-chilled fuel amid skyrocketing prices and to help meet climate targets. Investment firm Global Infrastructure Partners (GIP), which acquired the stake…

November 15, 2021
Jera Launching Hydrogen Pilot in Japan to Displace LNG in Power Generation

Jera Launching Hydrogen Pilot in Japan to Displace LNG in Power Generation

Jera Co. Inc., Japan’s largest power company, said Thursday it plans to launch a pilot project backed by the government that could help displace 30% of the liquefied natural gas (LNG) used to generate electricity, with hydrogen planned at a select power plant.  The government grant would help fund the switch to hydrogen for a…

August 26, 2021
Jera to Shutter Inefficient Japanese Coal Plants by 2030 in Move to Net-Zero Carbon Goal

Jera to Shutter Inefficient Japanese Coal Plants by 2030 in Move to Net-Zero Carbon Goal

Japan’s biggest power producer Jera Co. Inc. plans to shutter all its inefficient coal-fired generators in the country by 2030 as it works toward zero carbon emissions by 2050. Jera, a joint venture between utilities Tokyo Electric Power Co. and Chubu Electric Power Co., on Tuesday unveiled more specific plans to move to net-zero carbon…

October 13, 2020
LNG Canada Partner Secures HOA with Japan’s Jera

LNG Canada Partner Secures HOA with Japan’s Jera

Japanese utility conglomerate Jera Co., the largest natural gas buyer in the world, agreed Tuesday to purchase up to 1.2 million metric tons/year (mmty), or 155 MMcf/d, from a partner in the LNG Canada export terminal underway in British Columbia (BC).

April 10, 2019

Powerhouse LNG Buyers Jera, EDF Combining Trading Activities

Two of the leading natural gas buyers in the world, EDF Trading Ltd. (EDFT) and Jera Co. Inc., on Tuesday agreed to combine their worldwide trading activities to optimize liquefied natural gas (LNG) marketing.

July 3, 2018

Japan’s Jera, EDF Discussing Global LNG Trading Collaboration

Japan’s Jera Co. Inc., the world’s largest liquefied natural gas (LNG) buyer, is in discussions with EDF SA to give the Asian buyer a bigger foothold in European gas markets and potentially expand U.S. trading.

December 14, 2017

Major LNG Buyers Join Forces For Better, More Flexible Terms

Three top global liquefied natural gas (LNG) buyers have agreed to cooperate in the “joint procurement of LNG” as global LNG consumers continue to seek more flexible contract terms and favorable prices.

March 23, 2017

Brief — JERA Co. Inc.

JERA Co. Inc. said its first liquefied natural gas (LNG) cargo produced in the contiguous United States arrived at the Joetsu LNG Terminal of Chubu Electric Power Co. last Friday. It is the first Lower 48 U.S. LNG cargo to be delivered to Japan, the company said. JERA and Cheniere Marketing International LLP had entered into a sale and purchase agreement for the cargo, which was loaded onto the LNG vessel Oak Spiritat Cheniere Energy Partners LP’s Sabine Pass LNG Terminal in Louisiana on Dec. 7. The voyage to Japan via the Panama Canal took about one month. JERA said it believes the purchase of US LNG will contribute to a stable energy supply in Japan through the diversification of procurement regions and LNG price indices. JERA said it will establish an “LNG procurement portfolio that can flexibly respond to changes in the business environment by increasing its procurement ratio of LNG which is free from destination restrictions, through projects such as the Freeport LNG Project in [the United States].”

January 9, 2017
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