JERA inks LNG cooperation deal with Dubai’s DUSUP

For illustration only (Image courtesy of JERA)

Japan’s JERA, the world’s largest buyer of liquefied natural gas (LNG), and Dubai Supply Authority signed a deal on cooperation in the LNG business.

JERA, a joint venture between Tepco and Chubu Electric, said in a statement it and DUSUP would discuss opportunities for mutual collaboration in the LNG business, including joint procurement of the chilled fuel and opportunities for cooperation related to LNG shipping and storage capacity.

DUSUP buys natural gas through national and international pipelines and through the development of an FSRU LNG import facility in Jebel Ali.

“JERA believes that strengthening its relationship with DUSUP will contribute to expanding business opportunities for both companies,” the company said in the statement.

The Tokyo-based company recently signed a similar deal with South Korea’s Kogas and China’s CNOOC Gas and Power Trading & Marketing to cooperate in the LNG business and to secure more flexible contracts.

JERA said it would continue to work together with LNG industry counterparts both within and outside Japan as it seeks to “achieve even more competitive procurement in an LNG market undergoing great change.”

 

Share this article

Follow LNG World News

Posted on April 6, 2017 with tags , .

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 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

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >