JERA Co., Inc. has finalised a significant long-term LNG Sale and Purchase Agreement with Cheniere Energy, Inc., establishing a supply commitment of approximately 1.0 million tonnes per annum of liquefied natural gas spanning from 2029 to 2050.
This agreement forms a crucial component of JERA’s comprehensive strategy to secure up to 5.5 million tonnes of US LNG annually over a 20-year period—representing the largest US LNG offtake commitment by a single buyer in history and Japan’s most substantial LNG procurement agreement with the United States to date.
JERA’s Global CEO, Yukio Kani, emphasised the significance of the expanded partnership, noting that JERA and Cheniere have cultivated a trusted relationship over many years. The executive expressed satisfaction in extending this relationship further through the new long-term commitment.
Kani highlighted that the agreement with Cheniere, recognised as a global leader in the LNG sector, directly supports JERA’s strategic objective to diversify and strengthen its LNG procurement portfolio. This initiative reinforces the company’s position as a long-term energy partner in the US market while deepening its commitment to securing reliable energy supplies.
The partnership is positioned to contribute significantly to energy security, stability, and sustainability for Japan and the broader regional market over the coming decades. The agreement reflects JERA’s strategic approach to long-term energy planning and its commitment to establishing robust supply chain relationships with leading international energy providers.
The deal underscores the growing importance of US LNG exports in meeting Asian energy demand and highlights the strengthening of trans-Pacific energy trade relationships. Through this expanded collaboration, both companies aim to support regional energy infrastructure development and contribute to long-term energy market stability.
For more information visit www.jera.co.jp
