Japan's JERA weighs expanding LNG business to China

Beijing unit opens as Chinese imports of the fuel become world's largest

Workers are seen at a liquefied natural gas storage facility of China Resources Gas in China's Xiangyang, Hubei Province.

RYO MUKANO, Nikkei staff writer

April 18, 2022 00:27 JST

TOKYO -- Japanese energy group JERA, one of the world's biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to China.

The 50-50 joint venture between Tokyo Electric Power Co. Holdings and Nagoya-based Chubu Electric Power recently established a unit in Beijing to conduct market research for LNG terminal construction and trading.