With tight supplies and strong demand helping create large swings in global gas prices, Japanese utility JERA is staying the course. The world’s largest LNG buyer is focused on its supply procurement and trading strategy. Sunao Nakamura, a senior managing executive officer at JERA and chief of the Japanese company’s optimization department, spoke with Platts Senior Editor Harry Weber about the gas-pricing environment, where the market could be headed and how JERA is responding. He also addressed how the energy transition affects the decision-making process. Stick around after the interview for Jeff Mower with the Market Minute, a look at near-term oil market drivers.