Japan’s JERA secures LNG Canada volumes

Japan's JERA secures LNG Canada volumes
Image courtesy of JERA

Japan’s LNG importing giant JERA signed a heads of agreement with Diamond Gas International, a Mitsubishi Corporation company, for the sale and purchase of the chilled fuel from LNG Canada project. 

The contract is for the purchase of up to 16 cargoes of LNG a year for approximately 15 years beginning in fiscal 2024.

This first procurement of LNG from Canada diversifies JERA’s supply portfolio and can be expected to contribute to stable and economical LNG procurement in the future, JERA said in a statement.

The destination clause in this HOA is in line with the Survey on LNG Trades report released by the Japan Fair Trade Commission in June 2017, and JERA believes this will help it respond appropriately to LNG supply and demand uncertainty and expand opportunities for optimizing its LNG portfolio.

Share this article

Follow LNG World News

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Central and Eastern Europe SSLNG Forum

SSLNG projects are important for Central and Eastern Europe (CEE) because they offer opportunities for solving issues…

read more >

Klaipeda LNG Forum 2019

Klaipėda LNG forum 2019 organised by Klaipėda Science and Technology Park, Klaipėdos nafta and Embassy of the Netherlands will take place on the 15-16 May at Klaipėda Castle’s site hall, Lithuania.

read more >

Flame 2019

Flame is Europe’s largest gathering of midstream gas & LNG players, bringing together everyone who matters – from producers to utilities, purchasers, infrastructure providers, traders, regulators and policy makers.

 

More info

read more >