• Bloomberg


The government-owned Japan Oil, Gas and Metals National Corp. may increase investments in natural gas next year as it expects demand to rise as the nation cuts dependence on nuclear power amid the ongoing the Fukushima atomic crisis.

The government may change the energy mix to increase the share of renewable energy and gas in its 2030 energy supply plan, Hirobumi Kawano, president of Jogmec, as the company is known, said in an interview Wednesday in Seoul.

Gas is the more practical option to meet that increase, he added.

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