JERA Signs Agreement with Dunkerque LNG, Advancing Global Optimization of Supply and Demand2026/03/19

JERA Co., Inc. (“JERA”) today announced that it has signed a Throughput Agreement with Dunkerque LNG SAS (“Dunkerque LNG”) to secure regasification capacity of 2 billion cubic meters (bcm) per year, equivalent to approximately 1.5 million tonnes of LNG annually, at the Dunkerque LNG terminal in Dunkirk, France. The six‑year agreement will commence in 2031. This marks JERA’s first acquisition of overseas LNG terminal capacity and strengthens the company’s ability to manage global LNG supply and demand.

The agreement with Dunkerque LNG complements JERA’s expanding LNG procurement portfolio, including the 5.5 million tonnes per year of new long‑term LNG supply from the United States under flexible FOB contracts (announced here). By securing regasification capacity at the terminal, JERA enhances the flexibility of its global LNG portfolio, enabling more efficient balancing of LNG supply and demand across regions. This also creates opportunities to respond to demand differences between Asia and Europe while supporting the diversification of the company’s LNG sales flows.

Japan’s LNG demand has become increasingly variable due to the aging of oil‑fired power plants and the rapid expansion of renewable energy, while geopolitical and market uncertainty continues to grow. As a result, greater flexibility in fuel procurement and operations is becoming increasingly important to maintaining energy security.

“Strengthening flexibility across our LNG supply chain is essential to ensuring stable energy supply in an increasingly uncertain environment,” said Ryosuke Tsugaru, Chief Low Carbon Officer at JERA. “By expanding access to international LNG infrastructure to complement our diversified LNG portfolio, we are enhancing our ability to respond to changing market conditions while supporting Japan’s energy security.” 

Looking ahead, JERA will continue to develop a robust, globally balanced LNG portfolio spanning the Middle East, Asia Pacific region, and the United States to enhance resilience against market volatility. By leveraging the trading and optimization capabilities of JERA Global Markets, the company aims to improve cost competitiveness while expanding LNG sales channels, including the development of new LNG demand in Asia.

＜Overview of Throughput Agreement＞

About JERA
JERA is a global energy leader and Japan’s largest power generation company focused on providing cutting-edge solutions to the world's energy issues. Established in 2015, the 

Company produces one-third of Japan’s electricity, and is one of the largest LNG buyers in the world. JERA has global reach and strength throughout the energy supply chain, including participation in upstream gas exploration and production, LNG projects, fuel procurement and transportation, and power generation globally. 
In support of a responsible energy transition, JERA aims to achieve net-zero CO₂ emissions from its domestic and overseas businesses by 2050. 
For more details: https://www.jera.co.jp/english