JERA considering LNG collaboration with EDF Trading

JERA considering LNG collaboration with EDF TradingImage courtesy of JERA

Japan’s JERA, a joint venture between Chubu Electric and Tepco has entered negotiations with EDF Trading, the London-based trading arm of France’s EDF, to collaborate on LNG. 

“JERA is considering wide range of collaboration on LNG with EDF Trading,” a spokesperson Ryo Tanikawa told LNG World News.

However, the company declined to disclose any details of the negotiations.

It would not be the first deal between the two companies, as JERA, one of the world’s largest LNG buyers, has already agreed to sell about 1.5 million mt of liquefied natural gas to EDF Trading at European LNG terminals for a two and a half year period starting in June 2018.

Commenting on that deal signed last year, the company said it provides flexibility to respond to the LNG demand fluctuation and to expand its LNG trading business opportunities.

At the end of last year, JERA acquired EDF’s coal and freight trading business making JERA’s unit, Jera Trading, one of the largest coal traders globally.

Share this article

Follow LNG World News

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 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 31

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018…

read more >

CWC Japan LNG & Gas Summit

The inaugural CWC Japan LNG & Gas Summit, with participation and support from METI, JERA, Tokyo Gas and IEEJ, is the dedicated platform for international suppliers…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >