Japan’s Jera and South Korea’s Kogas, the world’s largest LNG buyers, have signed a new memorandum of understanding to cooperate in LNG and strengthen energy security in Japan and South Korea.
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US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
Japan’s liquefied natural gas (LNG) imports increased by 6.2 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.
Japan's power firm and LNG trader Jera has established Jera Global Energy Solutions (Jera GES) to develop and manage its long-term LNG, upstream, lower-carbon fuels, and shipping portfolio.