LNG

JERA Co. Inc., the largest Japanese LNG importer and power utility operator, said fiscal first-quarter operating revenues from April through June 2022 more than doubled because of soaring sales by fuel trading subsidiary JERA Global Markets (JERAGM) as well as a year-on-year increase in electricity sales.

Marubeni Corp., the Japanese trading house with stakes in liquefaction plants in Qatar, Equatorial Guinea as well as LNG shipping and trading interests, said six-month overall revenue rose 9.4 percent to 324.5 billion yen ($2.84Bln), boosted by the LNG business.