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
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
