Companies

Jera Considering Procuring Alaska LNG

REUTERS fil photo/Issei Kato
The logo of JERA Co., Inc., the world’s biggest LNG buyer, is displayed at the company office in Tokyo, Japan July 14, 2017.

Jiji Press

17:27 JST, September 11, 2025

Tokyo, Sept. 11 (Jiji Press)—Jera Co., a Japanese power generation company, said Thursday that it is considering procuring liquefied natural gas produced in Alaska.

The company said it has signed a letter of intent with Glenfarne LLC, a U.S. company that leads an LNG development project in Alaska, to advance discussions on the purchase.

Glenfarne said that it expects to supply a million tons of LNG from the Alaska project to Jera annually for 20 years.

The move comes after Japan and the United States recently said that Japan agreed to explore a new Alaskan LNG offtake agreement as part of a trade deal between the two countries.

The project is expected to cost as much as over ¥6 trillion as it seeks to build about 1,300 kilometers of pipeline from natural gas fields in northern Alaska to the southern part of the state.

Japan, meanwhile, would benefit from a shorter transport route, with a shipping time of about 10 days.