Japan Utility JERA Deepens US LNG Ties with Four Deals in Two Weeks

Atlantic LNG shipping rates rise to $33,000 per day

“Spark30S (Atlantic) freight rates rose for the first time in almost six weeks, increasing by $4,000 to $33,000 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) rates stayed relatively steady at $20,750 per day, he said. In Europe, the SparkNWE DES LNG rose compared to last week. “The SparkNWE DES LNG front month price for July increased marginally this week by $0.065 to $11.815/MMBtu, wh…

Japan Utility JERA Deepens US LNG Ties with Four Deals in Two Weeks

JERA, Japan’s largest power generator, has announced four deals for up to 5.5 mtpa of LNG with Sempra, Commonwealth LNG, Cheniere and NextDecade that could nearly double the country’s LNG trade with the U.S.

U.S. secures $200 Billion LNG deal with Japan’s JERA

A $200 Billion LNG deal: The Department of Energy and Department of the Interior have announced the finalisation of four long-term liquefied natural gas (LNG) agreements between American producers and Japan’s JERA Co., Inc The deals are expected to add over $200 billion to the U.S. gross domestic product and support more than 50,000 American jobs. Four 20-year LNG agreements finalised The agreements involve the purchase of up to 5.5 million tons…