Japan will increase investments in the production of liquefied natural gas abroad to secure supply, the country's industry minister said today. "Russia's invasion of Ukraine has intensified competition for purchasing LNG, raising concerns about stable supply of the fuel for Japan," Koichi Hagiuda told media, as quoted by Reuters.
"The government needs to come to the forefront to secure LNG through cooperation with the private sector," the top official added. Hagiuda also noted that global investment in liquefied natural gas production had…Japan To Step Up Investment In LNG
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