The Role of Japanese State-Backed Insurer in Diversifying LNG Procurement
Japanese power company JERA is set to receive a significant boost in its efforts to diversify its liquefied natural gas (LNG) procurement. Nippon Export and Investment Insurance (NEXI), a state-backed insurer, has agreed to provide coverage for a 100 billion yen ($680 million) credit line extended by Sumitomo Mitsui Banking to JERA. This move marks … Read more