Japan's JERA Buys on LNG Spot Market to Ensure Winter Power Supply

To ensure fuel supply, JERA plans to keep its LNG inventory level at 1.7 million tonnes during December and February, 0.2 million tonnes higher than usual, Noguchi said.

Yuka Obayashi, Reuters

Japan's biggest power generator JERA has procured 2 million tonnes of LNG on the spot market to be delivered between November and March to ensure adequate power supply during the peak winter demand season, a company official said on Nov. 24.

JERA, one of the world's largest LNG buyers, will make an additional purchase if necessary, company executive Takashi Noguchi told reporters.

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