Arrived at LNG thermal power plant procured from the United States Mie Kawagoe-cho January 23, 17:06

LNG (liquefied natural gas) procured from the United States by the Chubu Electric Power Company and Tokyo Electric Power Company's "JERA" has arrived at a thermal power plant in Kawagoe-cho, Mie Prefecture. It is expected that LNG may be procured cheaper than before by expanding procurement from the United States.

JERA and Osaka Gas have jointly invested in a business to process and produce shale gas and other LNG in Texas, USA, and local production began last month.

The LNG procured this time was produced by this project, and a tanker loaded with about 70,000 tons of LNG arrived at a thermal power plant in Kawagoe-cho, Mie Prefecture, operated by JERA, on the morning of the 23rd.

JERA and Osaka Gas each plan to procure 2.32 million tonnes of LNG annually for 20 years from this project, and seek to diversify LNG procurement that has so far relied on Southeast Asia and the Middle East.

In addition, since LNG from the United States is not affected by crude oil prices, prices are relatively stable, and there is a possibility that it can be procured cheaper than before, leading to stabilization of electricity and gas prices and lower prices. It is also expected.

"Despite the rising geopolitical risks and uncertainty over crude oil prices, gas prices in the United States are stable and will contribute to lower energy prices in Japan," said Yuki Sato, Deputy General Manager of the JERA Business Development Division. And talk.