JERA Sets Up Singapore Unit for LNG Strategy, Procurement, Investments
07.01.2026 By Tank Terminals - NEWS

July 01, 2026 [Reuters]- JERA, Japan’s top power generator, on Wednesday said it has set up a new unit in Singapore ​to integrate strategy planning, procurement and investments across its ‌liquefied natural gas and low-carbon fuel value chains amid volatile global markets.

 

The Singapore-based company, JERA Global Energy Solutions (GES), will serve as JERA’s ​exclusive platform for long-term LNG origination, as the firm ​seeks to build a more integrated and flexible LNG ⁠business, JERA said in a statement.

Here are more details ​from JERA:

  • JERA GES will develop a stable and diversified long-term ​LNG portfolio while advancing lower-carbon fuels such as ammonia and hydrogen.
  • It will work alongside JERA’s trading arm, JERA Global Markets (JERAGM), which will continue to ​handle trading and short-term LNG procurement contracts of less ​than five years.
  • Irtiza Sayyed has been appointed chief executive of JERA GES. ‌Sayyed ⁠joined JERA in April after holding a range of global management roles at Exxon Mobil for about 20 years.
  • Ryosuke Tsugaru, JERA’s chief low-carbon fuel officer, will provide strategic direction from ​JERA’s headquarters and ​ensure close ⁠alignment with the company’s broader LNG and lower-carbon fuels strategy.
  • A total of 13 employees, including Sayyed, ​began operations on Wednesday, with a few ​more staff ⁠to be seconded from headquarters in the near future, a company spokesperson said.
  • JERA, a joint venture between Tokyo Electric Power ⁠and Chubu ​Electric Power, is Japan’s largest LNG ​buyer, handling about 35 million to 40 million metric tons of the super-chilled ​fuel a year.

 

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