QatarEnergy, JERA Sign 27-year Agreement to Supply Japan with LNG

QatarEnergy and JERA Sign 27-year Agreement

QatarEnergy signed a 27-year Sales and Purchase Agreement (SPA) with JERA for the supply of up to 3 million tons per annum (MTPA) of LNG from Qatar to Japan.

Under the terms of the SPA, signed on the sidelines of the 21st International Conference and Exhibition on Liquefied Natural Gas (LNG 2026) in Doha, deliveries will commence in 2028.

The agreement was signed by HE Minister of State for Energy Affairs, the President and CEO of QatarEnergy, Saad Sherida Al Kaabi, and the Global CEO and Chair of Jera Inc., Yukio Kani, in the presence of senior executives from both companies.

Commenting on this occasion, HE Minister Al Kaabi said: "We are delighted to further strengthen our long-standing relationship with JERA, a strategic partner and one of the leading LNG players globally, and to reaffirm our continued commitment to supporting Japan's long-term energy needs."

HE Minister Al Kaabi added: "Our collaboration, which dates back to the early 1990s, is a testament to the enduring ties between our two companies and to our common desire to ensure that safe and reliable LNG supplies continue to support Japan's economic development."

JERA is a Japan-based energy company that participates in the entire energy value chain ranging from upstream development, fuel procurement and power generation to wholesale sales of electricity and gas. Today, JERA is a global company with the largest power generation capacity in Japan and one of the largest fuel handling capacities in the world.

(QNA)