ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japan to pump $10bn into LNG as move away from Mideast oil

World's top importer to fund processing, receiving and power facilities

A natural gas facility in Inner Mongolia, China: Demand for liquefied natural gas is surging in emerging markets, and Japan hopes to help provide the necessary infrastructure.   © Reuters

TOKYO -- Japan's public and private sectors plan to invest $10 billion to encourage broader use of liquefied natural gas around the world, Nikkei has learned, as mounting tensions in the Middle East underscore the dangers of relying on the region's oil.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more