Tag Archives: Japan

Iranian Oil Minister Javad Owji and Japanese Foreign Minister Yoshimasa Hayashi in a meeting stressed the need for enhancing Tehran-Tokyo cooperation. Stating that Iran can play an important role in Japan’s energy supply, the Iranian oil minister called for boosting the level of economic cooperation between the two countries. “Japanese …

Iranian Oil Minister Javad Owji says Iran and Japan should work to expand their economic cooperation regardless of the sanctions in place against the Islamic Republic, adding Tehran can play a major role in fulfilling the East Asian state’s energy needs. Paying an official visit to Tokyo, Owji held a …

Shipping major Mitsui OSK Lines (MOL) on August 30 launched the second of Japan’s first two LNG-fuelled ferries. The ceremony was held at the Enoura plant of Mitsubishi Heavy Industries. The vessel, named Sunflower Murasaki, was ordered from Mitsubishi Shipbuilding Co. and will be delivered in March 2023. It is …

Japan is considering constructing next-generation nuclear power plants to support its goals of reducing carbon emissions and providing a stable supply of electricity, sources close to the matter said Wednesday, marking a major shift in the government’s no new nuclear energy policy. The plan, which will also consider extending the …

Japanese gas and electric utilities with long-term contracts to buy liquefied natural gas (LNG) from the Sakhalin-2 project in Russia have received a new contract offer from the newly-formed Russian operator, some companies said on Wednesday. The Russian entity was registered on Aug. 5 to replace the project operator Sakhalin …

Japan will seek to maintain its stake in the Sakhalin-2 natural gas project in Russia’s far east, the Nikkei newspaper said, after President Vladimir Putin signed a decree transferring rights to a new Russian company just over two weeks ago. The decree gave stakeholders a month to say whether they’ll …

Japan may ask households and businesses to cut back on natural gas use on the back of concerns that increase in global competition for the precious fuel will disrupt stable supply. A panel within Japan’s trade ministry called for discussion to create a framework that would allow the government to …

Tokyo continues viewing the Sakhalin-2 project as important from the standpoint of providing power and gas supplies to Japan and intends to continue protecting its interests in the project, spokesman of the Japan’s government Seiji Kihara said on Monday. “The Sakhalin-2 is an important project for Japan from the standpoint …

Japanese Prime Minister Fumio Kishida said the ceiling price for Russian oil, which was included in the G8 summit statement, is expected to be about half the current price, Kyodo reported. “We will set a ceiling at about half the current price and create a mechanism to prevent people from …

Japan’s Foreign Ministry on Wednesday confirmed that China has finished building a new drilling facility for gas fields in a contested area of the East China Sea for the second time in two weeks. The facility is located on the Chinese side of a Tokyo-proposed median line separating the nations’ …