Japan’s Top LNG Buyer to Sell Excess Gas in Global Markets

The biggest Japanese LNG importer and largest power producer, JERA, plans to sell liquefied natural gas in the long term as part of a strategy to tap global LNG markets and sell any excess gas supply if domestic demand is low, a senior executive has said. JERA wants to “identify additional markets where we can sell,” Irtiza Sayyed, chief executive officer of the newly-created JERA Global Energy Solutions, told Bloomberg in an interview published on Wednesday. Earlier this summer, JERA said it is creating a wholly-owned subsidiary to…