Global law firm White & Case LLP has advised Japan Petroleum Exploration Co., Ltd. (JAPEX) on the acquisition through its US subsidiary of an equity interest in Gulf Coast LNG Holdings LLC, which owns an interest in the Freeport LNG project in Texas, from JERA Americas Inc. for approximately US$380 million.
The Freeport LNG project plays a critical role in the liquefaction and export of natural gas from the US and represents a significant asset in the global energy landscape. The transaction signed and closed in June 2024.
The White & Case team which advised on the transaction was led by partner Nels Hansen and local partner Kristian Bradshaw (both Tokyo) and included partners David Dreier (New York), Farhard Jalinous, Rebecca Farrington and Cristina Brayton-Lewis (all Washington, DC) and Strati Sakellariou-Witt (Brussels), counsel Ryan Brady (Washington, DC) and Laura Mulry (Los Angeles) and associates Brendan Harvey and Shintaro Kitayama (both Tokyo).
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