Japan’s Jera plans to use its power as the world’s largest LNG buyer to bring stability to the market by investing in Asian LNG projects.
“Now is the time for sellers and buyers to work together to develop projects and bring about FIDs so that supply can meet demand and stop the boom-and-bust cycle that is so negative for all industry participants,” Jera’s president, Yuji Kakimi, told delegates at Singapore International Energy Week on Monday.
“As the single largest buyer of LNG, Jera has its own responsibility...
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