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AMERICAS OIL: Japanese Mitsui Considers Supporting a $44 Billion Alaska LNG

AMERICAS OIL
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Japanese Mitsui Considers Supporting a $44 Billion Alaska LNG Project: oilprice.com

  • Mitsui’s CFO Tetsuya Shigeta told Reuters the Alaskan project could be supported though no decisions have been made yet.
  • Shigeta hopes an upcoming meeting between President Trump and Japanese Prime Minister Shigeru could bolster relations and boost Japanese presence in the US.
  • Japan could be open to backing the LNG project to avoid Trump’s tariffs. JERA, the largest LNG buyer in Japan, plans to increase purchases from the US to diversify its supply portfolio, an executive told Reuters last month. 
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Japanese Mitsui Considers Supporting a $44 Billion Alaska LNG Project: oilprice.com

  • Mitsui’s CFO Tetsuya Shigeta told Reuters the Alaskan project could be supported though no decisions have been made yet.
  • Shigeta hopes an upcoming meeting between President Trump and Japanese Prime Minister Shigeru could bolster relations and boost Japanese presence in the US.
  • Japan could be open to backing the LNG project to avoid Trump’s tariffs. JERA, the largest LNG buyer in Japan, plans to increase purchases from the US to diversify its supply portfolio, an executive told Reuters last month.