JERA to Triple U.S. LNG Imports ...Middle East

Japan’s JERA will boost its purchases of liquefied natural gas from the United States to up to 5.5 million tons annually, making up close to a third of its total LNG, up from 10% at the moment. The move aims to reduce the Japanese energy company’s dependence on Australia in LNG supply, Reuters reported, citing the company. The purchases will be made under long-term contracts, with deliveries starting from 2030. Half of the contracted amount, or 2.5 million tons annually, is part of non-binding agreements. The LNG producers involved…

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