JERA's LNG purchase deal with US Commonwealth LNG terminated, DOE filing shows
The logo of JERA Co., Inc., the world's biggest LNG buyer, is displayed at the company office in Tokyo, Japan July 14, 2017. REUTERS/Issei Kato
TOKYO, April 3 : A long-term liquefied natural gas sales and purchase agreement entered into last year between Japan's largest power generator, JERA, and U.S. LNG developer Commonwealth LNG has been terminated, according to a document filed with the U.S. Department of Energy.
Last June, JERA, also Japan's top LNG buyer, said it had signed a 20-year SPA with Commonwealth LNG for 1 million metric tons per annum (mtpa) from the developer's Louisiana project.
A notification of the deal's termination, dated April 1, was filed on behalf of Commonwealth. The letter said the agreement was terminated effective March 3, without giving a reason.
Bloomberg earlier reported the termination.
JERA declined to comment, while Commonwealth LNG was not immediately available for comment.
