Business Sep 26, 2019

Japan pledges ¥1 trillion to spur LNG demand and growth

by Osamu Tsukimori

The government has pledged an additional $10 billion (¥1.1 trillion) in public and private financing to liquefied natural gas (LNG) projects worldwide, in order to help spur demand for the cleaner fossil fuel, trade minister Isshu Sugawara said on Thursday. The investments will be dedicated ...

Mitsui to join LNG project in Arctic Ocean off Russia

National Jun 30, 2019

Mitsui to join LNG project in Arctic Ocean off Russia

Major trader Mitsui & Co. officially announced Saturday that it and government-linked Japan Oil, Gas and Metals National Corp. (JOGMEC) will jointly invest in a planned Russian-led liquefied natural gas project in the Arctic Ocean along the Russian coast. Tokyo has voiced its expectation for ...