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JERA Raises Stake in Australia's Wheatstone LNG Project

JERA said it bought JOGMEC's entire stake in a Japanese consortium holding interests in the Wheatstone LNG project.

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Japan's largest power generator, JERA, said on Wednesday that it had acquired all of the stake held by the Japan Organization for Metals and Energy Security (JOGMEC) in a Japanese consortium with interests in Australia's Wheatstone liquefied natural gas project.