[Japan] JERA announces milestone agreements with US partners to secure up to 5.5 million tonnes of new long-term LNG supply annually over 20 years

As of June 12, 2025, JERA has finalized 20-year agreements to procure up to 5.5 million tonnes per year of liquefied natural gas (LNG) from the US. [1] The agreements, which were introduced publicly at the US Department of Energy headquarters in Washington DC, advance JERA’s goal of building a diversified LNG procurement portfolio in support of stable energy for Japan and Asia. The agreements are expected to support economic activity worth $200 billion to the US GDP through long-term offtake commitments. The total value of these transactions surpasses JERA’s cumulative equity investment in the US, which is currently worth $6 billion. The agreements include sales and purchase agreements with NextDecade Corporation and Commonwealth LNG, as well as heads of agreement with Sempra Infrastructure and Cheniere Marketing LLC to secure future LNG supply from the US. The new agreements build upon JERA’s existing operations in the US, which include offtake contracts totaling 3.5 million tonnes per year.

[1] https://www.jera.co.jp/en/news/information/20250612_2184