FOCUS: Japanese energy firms brace for possible supply cut from Russia

Economy

Japanese gas and energy firms are closely monitoring the developments of Russia's aggression in Ukraine, with some eyeing non-Russia players as alternative suppliers on concerns Moscow may reduce or suspend its natural gas supply in retaliation for Western sanctions on the country. To prepare for potential supply disruptions from Russia and other emergencies, Hiroshima Gas Co. is considering purchasing liquefied natural gas from Malaysia and other producers, while Osaka Gas Co. plans to bring forward gas procurement from the United States or Australia. President Vladimir Putin has also surpris...

Kyodo News

Kyodo News