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. 


The Largest Canadian Infrastructure Project in History Goes Ahead
Visit ADIPEC 2018 to source 1000s of products and services for the oil and gas industry
Where is healthcare going. Get the Report
20 Percent OFF Tuesdays for MyCLUB
Win a trip to San Francisco with du Tuesday
FM EXPO - open today from 10:00 - 19:00
Securing The Enterprise From Mobile Malware
Join the largest retail gathering in the Middle East
Find out who is attending the technical conference at ADIPEC 2018
Morning Roundtable Series on Emerging Trends in Intellectual Property (IP) Rights with The White Houses IP Enforcement Coordinator, September 26, 2018
Schlumberger joins list of global partners supporting UIOGS 2018
10th Amcham Abu Dhabi Annual Roundtable Summit
GPEX 2018 Opens Next Week
Establishing a Long Term Vision for Abu Dhabi Energy Sector
Registration for ADIPEC 2018 and connect with the worlds leading oil & gas organisations
Spend overseas with RAKBANK Mastercard and win $2,500 every week
Waste and Recycling at a glance
UAE Labour Law Workshop
Measuring what matters: Wellness at your workplace - Oct 1 - H Hotel
Schedule at Gastech 2018
3rd Annual GCC HVAC Summit and Awards
Call for speakers, Seamless Retail and E commerce Middle East 2019
Learn about North Americas gas and LNG industry in this 30-minute webinar
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