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Energy

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. 

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.

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