• CERAWeek
  • March 18 - 22, 2024

Izumi Kai

JERA Energy America LLC

President

Izumi Kai is President of JERA Energy America which procures natural gas and power for LNG production and export. In 2016, he joined Tokyo-based global energy company JERA Co. that produces about 30% of all electricity in Japan. Mr. Kai established JERA’s LNG optimization and trading platform globally. He was appointed Head of Freeport LNG Business, Senior Vice President of JERA Americas in 2019, and Chief Strategy Officer in 2021. Mr. Kai started his career as a civil engineer at Tokyo Electric Power Company and has 25 years of business development experience in Japan, Malaysia, Australia and the U.S. Mr. Kai led JERA Americas’ $2.5 billion acquisition of a 25.7% interest in Freeport LNG from Global Infrastructure Partners in 2022. Mr. Kai holds an MBA in Global Management from Arizona State University’s Thunderbird School of Global Management.

Sessions With Izumi Kai

Wednesday, 8 March

  • 11:55am - 12:45pm (CST) / 08/mar/2023 05:55 pm - 08/mar/2023 06:45 pm

    Asian Gas Demand: Options to maintain energy supply security

    Gas & LNG
    Responses to the high global LNG spot prices pulling cargoes into Europe have widely varied in markets across Asia. Going forward, the effect of the short-term market volatility on long-term gas demand will also diverge, depending on factors including energy demand growth expectation, resource availability, affordability, technology development plans and decarbonization goals in each market. What are the short-term supply options across Asia in the current energy crunch? How does the high spot price environment impact domestic gas price liberalization effort? Will the short-term market fundamentals reduce the role of natural gas in the region’s long-term energy mix? How do LNG suppliers support Asian gas markets secure supply while addressing the long-term decarbonization goal?