JERA Co., Inc. has established JERA Global Energy Solutions (JERA GES), a wholly owned subsidiary that will oversee the company’s long-term liquefied natural gas (LNG), upstream, lower-carbon fuels and shipping portfolio. The move is aimed at strengthening JERA’s ability to respond to increasingly volatile and complex global energy markets while maintaining a secure energy supply for Japan.
JERA GES will serve as the company’s exclusive platform for long-term LNG origination, bringing together portfolio strategy, market development and integrated portfolio management. The new entity will focus on building a stable and diversified long-term LNG portfolio by balancing supply sources with market opportunities while advancing the development of lower-carbon fuels, including ammonia and hydrogen.
Headquartered in Singapore, JERA GES will operate alongside integrated teams in Japan and other countries where JERA has investments. The company will work closely with JERA’s domestic energy market and power generation businesses to ensure alignment across its operations.
The new subsidiary will also collaborate with JERA Global Markets (JERAGM), JERA’s exclusive global trading and optimisation business. Under the arrangement, JERA GES will be responsible for long-term LNG portfolio strategy and development, while JERAGM will continue to provide trading and optimisation services. Together, the two organisations are expected to manage JERA’s LNG portfolio across different time horizons, combining long-term portfolio resilience with short-term market flexibility.
JERA has appointed Irtiza H. Sayyed as chief executive officer of JERA GES, where he will lead the company’s business development and execution. Ryosuke Tsugaru, JERA’s chief low carbon fuel officer, will provide strategic oversight from the company’s headquarters, ensuring alignment with JERA’s broader LNG and lower-carbon fuels strategy.
According to JERA Global CEO and Chair Yukio Kani, the creation of JERA GES marks an important step in strengthening the company’s operating model by increasing focus, accountability and specialisation across its long-term LNG and lower-carbon fuel portfolio. He said the combination of JERA GES’s long-term portfolio management capabilities with JERAGM’s trading and optimisation expertise would create a more integrated LNG platform capable of delivering greater long-term value.
Sayyed said he was honoured to lead the newly established company and oversee its next phase of growth.
JERA GES will gradually assume responsibility for JERA’s existing long-term LNG and lower-carbon fuel business in accordance with a phased transition schedule. JERA said it would manage the process carefully to ensure continuity for existing customers and business partners while communicating any operational changes directly to relevant stakeholders.
Through JERA GES, the company aims to strengthen the link between its global LNG operations and the development of future energy solutions, supporting its long-term growth strategy while contributing to the transition towards lower-carbon energy.
For more information visit www.jera.co.jp
