Feb 12, 2014

U.S. approves further LNG exports to Japan

The U.S. Energy Department said Tuesday it has authorized exports of domestically produced liquefied natural gas via an international consortium including Japanese firms such as major trading house Mitsui & Co. The move is expected to help Japan procure cheaper energy resources including shale ...

Canada agrees to begin exporting shale gas to Japan

Sep 25, 2013

Canada agrees to begin exporting shale gas to Japan

Prime Minister Shinzo Abe and Canada’s Prime Minister Stephen Harper agreed Tuesday that Canada will begin exporting shale gas to Japan, making it the second country after the U.S. to provide the nation with the natural gas. During the summit talks in Ottawa, Abe ...

Sep 22, 2013

Japan, Canada close to deal on shale gas export boost

Prime Minister Shinzo Abe and Canadian Prime Minister Stephen Harper are expected to agree to increase Canadian shale gas exports to Japan from around 2020, Japanese officials said Sunday. Canada’s envisioned shale gas exports are likely to total 40 million tons a year. The ...

Big builders jumping on board shale gas boom

May 8, 2013

Big builders jumping on board shale gas boom

Japanese shipbuilders and heavy machinery makers are stepping up efforts to expand operations, taking advantage of an expected start of full-fledged exports of shale gas, a type of natural gas, by the United States. Mitsubishi Heavy Industries Ltd. and Imabari Shipbuilding Co. have teamed ...

Motegi seeks quick U.S. approval of LNG exports

May 5, 2013

Motegi seeks quick U.S. approval of LNG exports

Trade minister Toshimitsu Motegi has requested early U.S. approval of liquefied natural gas exports in a meeting with Acting Energy Secretary Daniel Poneman in Washington, saying that securing a relatively cheap energy source is crucial to Japan. Poneman told Motegi on Friday that he ...

Traders gear up for U.S. shale gas

Apr 1, 2013

Traders gear up for U.S. shale gas

Japan’s top trading firms are stepping up preparations to import shale gas from the United States, a move expected to ease skyrocketing procurement costs for liquefied natural gas driven by Tokyo’s verbal bludgeoning of the yen. Lower LNG costs will help curb electricity rates ...

Mar 26, 2013

Shale gas no panacea: ex-BP chief

U.S. shale gas is not the silver bullet for Japan’s energy problems in the short term, according to John Browne, former chief executive of British energy giant BP PLC. Browne insisted that shale gas has to be economically viable for it to fulfill Japan’s ...