Apr 28, 2025 11:21 AM IST
US Stock Market Live: Japan’s Top Gas Buyer May Join Alaska Project
Jera Co. is considering participating in a proposed liquefied natural gas export project in Alaska, as part of Japan’s efforts to negotiate a trade deal with the US.
“We see Alaska as one of the promising procurement sources,” Naohiro Maekawa, an executive officer at the world’s biggest LNG buyer, said at a press conference on Monday.
The long-delayed $44 billion Alaska LNG facility is trying to court Asian importers, including Japan, South Korea and Taiwan, and has became a pet project of US President Donald Trump.
The plant has been proposed in various forms for decades, but has struggled to secure binding long-term contracts and investment, and requires the construction of a pipeline stretching more than 800 miles (1,300 kilometers).
