Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank

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Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank - Channel News Asia

Quick Summary:

TOKYO : Japan's top utility JERA sees no impact from new U.S.sanctions on Gazprombank on its procurement of liquefied natural gas from Russia's Sakhalin-2 project, as it does not use the lender for payment settlements, its president said.The U.S.

Gazprombank is one of Russia's largest banks and is partially owned by Kremlin-owned gas company Gazprom.

FILE PHOTO: A view shows units no.4 and no.5 of JERA's Hekinan thermal power station in Aichi prefecture, central Japan, March 13, 2024.