Gastech welcomes energy giant JERA to LNG conference

Gastech welcomes energy giant JERA to LNG conference

JERA to attend the world's largest gas & LNG event

JERA, the Japanese energy giant, purchased LNG from the contiguous United States for the first time at the beginning of January this year. JERA believes the purchase of U.S LNG will contribute to a stable supply in Japan through the diversification of procurement regions and LNG price Indices.

Ahead of Gastech Japan 2017, which will be held in Tokyo this April, the Senior Executive Vice President of JERA has confirmed that senior team members will be in attendance at the Gastech Exhibition and Conference in order to seek business opportunities and network to strengthen its gas and LNG business. The company is currently one of the largest LNG buyers in the world.

Hiroki Sato, Senior Executive Vice President, Chief Fuel Transactions Officer, at JERA comments: According to the latest IEA report, fossil fuel will remain a key aspect of our global primary energy supply up toward 2030. Currently, coal is the most popular form of fossil fuel, but toward 2030 we believe that gas and LNG will be the preferred choice of fossil fuel.

As part of its business strategy, the company aims to double its revenue from 2,200 billion JPY to 4,600 billion JPY, and to make a 14-fold increase in net income between 2016 and 2030. In terms of its business and operational activity, JERA aims to maintain its LNG transaction volume from 30 to 40 million metric ton per annum, investing in a total of 12 projects worldwide, and nearly doubling its LNG transport vessels, from 16 to 30.

Hiroki Sato, Senior Executive Vice President at JERA, continues: We are striving to maintain our world top-class offtake volume, and so we are keen to develop our trading business within the global market. We have begun to make major strides, which is clearly evident by our announcement of the binding SPA with Centrica, and the acquisition of EDF Tradings coal business with possible wider collaboration platforms including LNG. We are looking to invest in several greenfield LNG projects in Eastern Africa and North America. We are also interested in further developing business networks in India, China, Taiwan and Singapore as we foresee they will be big players in the future.

Like JERA, many other renowned Japanese energy companies will come together to host Gastech 2017. The Gastech Consortium will enable attendees to explore further business opportunities at the global level. The Consortium consists of Japans 10 leading energy companies: JERA, Tokyo Gas, Mitsubishi Corporation, Mitsui & Co, INPEX Corporation, ITOCHU Corporation, Japan Exploration & Petroleum Corporation Co., Ltd (JAPEX), JX Nippon Oil & Energy, Marubeni Corporation and Sumitomo Corporation.

View the latest Gastech 2017 conference programme

About Gastech:
Gastech is the worlds leading gas and LNG conference and exhibition, enabling over 25,000 commercial experts and technical innovators from the up, mid and downstream sectors of the supply chain to discover business-changing insights, explore innovative solutions and build profitable business connections. 


Want to network with all of West Africas oil and gas community under one roof
Gas and renewables to feature more prominently in South Africas updated Energy Plan - Hear more at the DLO Africa Power Roundtable London October 2018
Play Fun and Exciting Games throughout the Evening and Win Many Fabulous Prizes
Gas Indonesia Summit & Exhibition From 1-3 August 2018
CUPET International Bid Round
Join KNPC, KOC, Saudi Aramco, at the World Digital Refineries Congress
Join The Most Senior Line-Up Of Gas & LNG Leaders At Gas Indonesia Summit and Exhibition 2018
Security Concerns Around IoT; Cloud Readiness & Compliance Gaps
SNC-Lavalin signs exclusive agreement with Florexx International Investments LLC to deliver Advanced Topping Refinery in the UAE
Get recognised for your achievements at ADIPEC Awards 2018, submit an entry today
East Africa Oil & Gas Summit Opening Next Week
You are invited to MENAs largest stone trade fair (Sep 4-6, 2018) in Dubai
South African Minister of Energy backs Future Energy Africa 2018
SNC-Lavalin signs exclusive agreement to deliver a major project in Oman
Have you secured your exhibition stand at Gas Indonesia Summit and Exhibition yet
SNC-Lavalin awarded district cooling scheme contract in Makkah, Saudi Arabia
Exhibit at ADIPEC 2018, the driving force behind tomorrows oil and gas partnerships
Global industry gathers at the 5th Anniversary East Africa Oil and Gas Summit and Exhibition
Future Energy Asia - Asias Integrated Oil, Gas and Energy Event of 2018
Summer Camp at Al Habtoor City Tennis Academy
10 Social Media Mistakes to Avoid at all Costs
SNC-Lavalin awarded Wasit Gas Plant installation contract by Saudi Aramco
E-Showroom from SIO365
How Businesses Are Saving Big With Publish-Ready Content
The essential March highlights of Gastech Insights
The Arab Women in Leadership and Business Summit 2018, April 25-26, 2018
Look the other way: Is ignoring the competition really the key to success
Get your exclusive pre-sale tickets to see Ghost The Musical at Dubai Opera
SpiceJet: Adding more delight to your flight. Hurry, Book Now
Africa Islamic Finance Forum Opens Next Week - Last Chance to Book Your Place
Home Awnings and Commercial Awnings Suppliers
Handyman Dubai Services
Emerging as a Leading Digital Marketing Agency for the UAE
Its time to be inspired at ATM 2018
Invitation: Morning Briefing with Miral, February 28, 2018