Largest LNG buyer JERA posts increase in revenue and profits amid wind power setback and more coal use
JERA Co. Inc., the largest Japanese LNG buyer and electricity generator, reported a nine-month jump in operating revenue and profits amid a setback in its foray into the wind sector in Taiwan while in the domestic market a larger percentage of coal was used for power.
S&P Global Platts launches another product linked to Japan-Korea Marker LNG spot price
S&P Global Platts, the London-based subsidiary of US ratings agency S&P Global and a provider of energy and commodities pricing information and assessments, has launched a new product linked to the Japan-Korea Marker (JKM) spot LNG price.
Japanese LNG imports decline on higher costs as coal shipments rise for power generation
Japanese liquefied natural gas imports in November fell by 1 percent, though imports of coal as an alternative for power generation increased by over 5 percent as the monthly costs for Japan of LNG cargoes jumped year-on-year by almost $1 billion, or 38 percent.
