Leaders of the Trump administration’s National Energy Dominance Council convened Wednesday to laud four deals between Japan’s largest power generator and U.S. suppliers of liquefied natural gas.
The agreements each involve JERA, which produces about 30 percent of Japan’s electricity, and companies with LNG export projects in Texas and Louisiana. Through the new and pending deals, JERA plans to buy up to 5.5 million metric tons a year of the supercooled gas over 20 years.
JERA is the “single largest LNG buyer in the global market,” said Yukio Kani, the company’s global CEO and chair, at the Department of Energy’s James V. Forrestal Building.
There — before Energy Secretary Chris Wright and Interior Secretary Doug Burgum — Kani praised the leadership of President Donald Trump and said the various agreements mark an “even deeper commitment to the U.S. energy sector.” The Trump administration said the new deals are projected to support over 50,000 U.S. jobs and add more than $200 billion to U.S. gross domestic product — though not all of the deals are final.