BRIEF-Jera Executive: Plans To Offtake 490,000 Metric Tons Of Ammonia Annually From U.S. Blue Point Project, Reflecting Its 35% Stake

Reuters
09 Apr
BRIEF-Jera Executive: Plans To Offtake 490,000 Metric Tons Of Ammonia Annually From U.S. Blue Point Project, Reflecting Its 35% Stake

April 9 (Reuters) -

  • JERA EXECUTIVE: PLANS TO OFFTAKE 490,000 METRIC TONS OF AMMONIA ANNUALLY FROM U.S. BLUE POINT PROJECT, REFLECTING ITS 35% STAKE

  • JERA EXECUTIVE: PLANS TO RECEIVE TAX CREDIT UNDER U.S. IRA FOR BLUE POINT PROJECT

  • JERA EXECUTIVE:

  • JAPAN'S JERA EXECUTIVE: BLUE POINT DEAL ALIGNS WITH U.S. PRESIDENT TRUMP’S POLICY OF PROMOTING U.S. INVESTMENT AND JOB CREATION

  • JERA EXECUTIVE: CONSIDERING SUPPLYING AMMONIA PRIMARILY TO HEKINAN THERMAL POWER PLANT IN CENTRAL JAPAN, BUT DETAILS YET TO BE FINALISED

  • JERA EXECUTIVE: HOPING TO RECEIVE PRICE DIFFERENTIAL SUPPORT FROM JAPANESE GOVERNMENT FOR THE DIFFERENCE BETWEEN AMMONIA AND COAL PRICES

  • JERA EXECUTIVE: WE ARE IN TALKS WITH NIPPON YUSEN AND MITSUI O.S.K. REGARDING AMMONIA CARRIERS, INCLUDING POTENTIAL NEW ORDERS

  • JERA EXECUTIVE: EXPECTING AMMONIA DEMAND FROM EUROPE AND OTHER REGIONS FOR POWER, INDUSTRIAL, AND MARINE USE TO EMERGE AT PROJECT LAUNCH

Source text: [ID:]

Further company coverage: 8031.T 9501.T 9502.T CF.N 9101.T 9104.T

(Reporting by Yuka Obayashi)

((kiyoshi.takenaka@thomsonreuters.com;))

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