Japanese LNG importer and utility JERA posts drop in revenues on less electricity sold but profit helped by time lag
JERA Co. Inc., Japan’s biggest liquefied natural gas importer and utility company, reported an increase in fiscal full-year profits while revenues plunged nearly 22 percent because of a decrease in electric power sales.
Intercontinental Exchange reports surge in Dutch TTF November trading as JKM LNG and Brent also jump
Intercontinental Exchange, the leading global provider of trading platforms and clearing, said November average daily volumes of trade derivatives contracts surged for European natural gas and LNG as well as North Asia spot cargo contracts as well North Sea Brent crude oil trading also jumped.
Intercontinental Exchange reports 46 percent surge in the average daily volumes of JKM spot LNG
The Intercontinental Exchange has released its latest statistics showing a 46 percent year-on-year surge in the average daily volumes of trading in the Japan-Korea Marker (JKM) spot LNG price for North Asia, while the main European LNG product, the Dutch Title Transfer Facility (TTF), showed a 24 percent jump in daily volumes.
