JERA Co. has announced that it has entered into a MOA with Abu Dhabi Gas Liquefaction Company Limited (ADNOC LNG) for the sale and purchase of LNG.
JERA plans to purchase up to 8 cargoes per year of LNG from ADNOC LNG for a period of three years starting in 2019.
This MOA is in line with the Japan Fair Trade Commission ruling, issued in June 2017. JERA believes this will contribute to its ability not only to respond to fluctuations in LNG demand, but also to optimise its LNG operations.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/08082018/jera-sign-sales-and-purchase-moa-with-adnoc-lng/