(World Oil) – Alaska LNG, majority owned and developed by Glenfarne, has signed a Letter of Intent (LOI) with JERA, Japan’s largest power generation company, for the long-term supply of one million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from the Alaska LNG Project. The 20-year offtake agreement, on a Free-on-Board basis, strengthens Japan’s LNG supply security while advancing
(BOE Report)– U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not aware of such plans. It was not immediately clear whether Trump was referring specifically to the proposed $44 billion Alaska LNG project. That project would consist
(Oil Price) – BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the UK-based supermajor said on Monday as it shifts its focus back on oil and gas. BP has been seeking for months to offload spending
