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Alaska LNG Project to Supply JERA 1 Million Tons Annually for 20 Years

The arrangement sets annual deliveries of 1 million tons of LNG to JERA for 20 years from the U.S. Alaska LNG project.

Summary

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Terms & Concepts
  • LNG (Liquefied Natural Gas): Natural gas cooled to liquid form for storage and transport; measured and traded in tons.
  • 1 million tons per year (mtpa): An annual LNG volume metric; indicates the supplier will deliver 1 million tons each year.
  • 20-year term: Duration of the supply arrangement, specifying deliveries over two decades.