Skip to main content

JERA to purchase LNG

Published by
LNG Industry,


JERA Co. Inc. has announced that it will purchase LNG from the United States for the first time at the beginning of January 2017.

The LNG cargo will be procured in accordance with a sale and purchase agreement between JERA and Cheniere Marketing International LLP, and was produced at Sabine Pass LNG Terminal in Louisiana, which is operated by Cheniere Energy Partners. Loading of the cargo onto the LNG vessel Oak Spirit was completed on 7 December. It is expected to arrive at an LNG terminal used by Chubu Electric Power Company early January 2017.

JERA expects the purchase of US LNG will contribute to a stable energy supply in Japan through the diversification of procurement regions and LNG price indices.

Going forward, JERA 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 US.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/08122016/jera-to-purchase-lng/

You might also like

LNG Fuel 2020

LNG Fuel 2020

LNG Fuel 2020 is an online conference for professionals in the 'LNG as a marine fuel' sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

US LNG news