A fourth liquefaction train is planned for Freeport LNG
Jera increases stake in Freeport LNG
Japanese joint venture to buy share in the project’s operating company
Japan’s Jera has agreed to purchase a 25.7pc stake in the operating company of the Freeport LNG project in Texas from equity fund Global Infrastructure Partners (GIP) for approximately $2.5bn, subject to regulatory approval. Jera—a joint venture of Japanese utilities Tepco and Chubu Electric—already owns 25pc of Train 1 and has an offtake agreement in place for 2.32mn t/yr. Freeport has three liquefaction trains totalling 15.45mn t/yr of capacity. Jera says it will help advance the development of the fourth train. “As evidenced by the current gas price hikes around the world, securing a stable supply of competitive LNG is becoming increasingly important”, Jera says, adding that Freeport’s la
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
