JERA Sign Agreement with Venture Global
05.03.2023 By - NEWS

May 3, 2023 [Tank Storage Mag] – Fuel energy company, JERA has signed a LNG sales and purchase agreement (SPA) with LNG producer, Venture Global CP2.


According to the LNG SPA, JERA will purchase approximately 1.0 million tons (0.9 million tonnes) per year of LNG produced from the CP2 project in the United States, operated by Venture Global CP2.

This is a destination free FOB contract, which enable JERA to secure LNG in a high flexible manner and is expected to help with JERA’s capability to respond to volatility in the domestic electricity supply and demand.

JERA will continue to strive for flexible procurement to contribute to fuel supply stability and stable supply of energy in Japan.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Spark: Spot LNG Shipping Rates Climb to Almost $200,000 Per Day
09.23.2023 - NEWS
September 23, 2023 [LNG Prime]- Spot charter rates for the global liquefied natural gas (LNG) car... Read More
Sempra Gets FERC OK for Port Arthur LNG Expansion
09.23.2023 - NEWS
September 23, 2023 [LNG Prime]- LNG player Sempra Infrastructure, a unit of Sempra, won regulator... Read More
Oil Ends Week Lower as Demand Concerns Face Russia Supply Ban
09.23.2023 - NEWS
September 23, 2023 [Reuters]- Oil prices held steady on Friday but closed the week lower on profi... Read More
TransMontaigne Appoints Randal Maffett as Chief Executive Officer
09.23.2023 - NEWS
September 23, 2023 [Businesswire]- TransMontaigne Partners LLC (“TransMontaigne” or the “C... Read More