en.Wedoany.com Reported - JERA (JERA), Japan's largest liquefied natural gas importer and power producer, is studying the possibility of a US listing as part of its efforts to expand its international business footprint, according to anonymous sources familiar with the matter who spoke to Reuters.

According to two Reuters sources, the unlisted company JERA has initiated a feasibility study to assess potential investor demand, US market conditions, and regulatory requirements. The sources said the US listing plan has not been finalized, and JERA has not made any decisions, as the feasibility study remains in its early stages.

Although JERA has long considered the Tokyo Stock Exchange as the primary venue for its initial public offering, the company is now exploring the New York stock market as a potential springboard for expanding its international operations.

Earlier this month, JERA took a step toward expanding its international business by establishing a wholly owned subsidiary to develop and manage its LNG, upstream, low-carbon fuel, and shipping operations. The new company, named JERA Global Energy Solutions (JERA GES), is the Japanese utility giant's response to increasingly volatile and complex energy markets.

JERA stated that JERA GES will become a vertically integrated LNG company capable of quickly responding to market demand while prioritizing the maintenance of Japan's supply security. The company said that Singapore-based JERA GES will focus on developing a stable and diversified long-term LNG portfolio, balancing supply sources with market opportunities, and advancing low-carbon fuels such as ammonia and hydrogen.

This move reflects how major LNG buyers are intensifying efforts to separate long-term supply management from commodity trading amid heightened market volatility and shifting global demand. JERA is one of the world's largest LNG buyers, producing about one-third of Japan's electricity. The establishment of a dedicated LNG platform in Singapore also strengthens the city-state's role as a global LNG trading and commercial hub.