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Japan Gas Appetite Creates Russia Dilemma – FT

Contingency plans could put Japan in direct competition with Europe for global gas supplies, highlighting Tokyo’s focus on meeting its own energy needs


An LNG carrier heading to Yokohama port . Japanese gas importers said some excess LNG cargos have been shipped to Europe since February. Photo: AFP

 

Japanese companies plan to find new sources of liquefied natural gas in case of disruption of supply from projects that Japan developed with Russia, the Financial Times reported.

That could put Japan in direct competition with Europe for global gas supplies, creating as dilemma for Tokyo as it scrambles to meet its own energy needs while trying to show solidarity with western allies.

Read the full report: Financial Times

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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