JERA raises stake in Chevron's Australian LNG project to 50.1% via JOGMEC share deal

JERA increased its indirect stake in Chevron's Australian LNG project to 50.1% by acquiring shares from JOGMEC, deepening its foothold in Australian LNG supply. The move signals continued Japanese investment in long-term LNG assets amid global energy security concerns, though financial terms were not disclosed. This consolidation may affect project governance and future LNG offtake arrangements.