JERA Co., Inc. (“JERA”), a global energy leader and Japan’s largest power generation company, today announced the first LNG shipment from the Barossa Gas Project in Australia. The project, in which JERA holds a 12.5 per cent interest through its subsidiary JERA Australia Pty Ltd, commenced production phase commissioning and operations in September 2025. The first shipment is a key milestone in JERA’s efforts to build a resilient upstream portfolio and further enhance its global LNG value chain.

Barossa gas will be processed at the Darwin LNG plant, replacing supply feed gas from the Bayu-Undan gas field, which recently reached the end of its production life. The Barossa project involves development of the Barossa gas field and construction of a pipeline to the Darwin LNG facility for liquefaction and export. JERA will offtake approximately 425,000 tonnes of LNG annually, in line with its equity share.

As energy demand continues to rise across Asia, securing reliable and competitively priced LNG has become essential for ongoing regional energy stability. With the geographic proximity to Asia and a proven track record as a reliable supplier, Australia remains a strategic source of LNG for the region.

“This milestone reinforces JERA’s position in the upstream LNG value chain and underscores our role as a reliable energy provider for Japan and Asia,” said Ryosuke Tsugaru, Chief Low Carbon Fuel Officer at JERA. “Australia has been a stable and trusted supplier of LNG to the region for decades, and the first cargo shipment from Barossa further strengthens our partnership as we continue to expand our competitive and resilient LNG portfolio.”

Drawing on its extensive experience across the entire value chain - from upstream procurement to power generation - JERA will continue to contribute to global energy solutions, advancing both the energy transition and stable supplies of affordable energy. Acknowledged worldwide as a critical transition fuel on the path to NetZero, LNG is forecast to remain essential to many economies, particularly in Asia, and is expected to remain a key part of JERA’s strategy to provide reliable and sustainable energy in the years ahead.

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 has committed to achieving net-zero CO₂ emissions from its domestic and overseas businesses by 2050.