Largest Japanese LNG buyer JERA posts quarterly loss but fiscal full-year results to be helped by price falls
JERA Co. Inc. of Japan, the largest corporate LNG buyer in the world, reported a loss in the fiscal third-quarter because of higher fuel procurement costs even as revenues more than doubled during the three months.
Japanese LNG importer JERA reports more than doubling of quarterly revenues helped by trading unit sales
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.
Japanese gas-fired power plant and Soma LNG terminal open new chapter for disaster-hit Fukushima
A group of Japanese utilities and energy companies will be receiving more liquefied natural gas volumes for the Soma LNG terminal after the new Fukushima Natural Gas Power Plant started to generate electricity at full capacity from its two units in the prefecture where the nuclear plant exploded during an earthquake and tsunami in 2011.
