Japan warned about Russian gas supply ...News

The Asian nation has no choice but to buy LNG from Moscow, according to Mitsui OSK Lines Japan will have to continue importing Russian liquefied natural gas (LNG) due to surging energy prices and limited prospects for the rebooting of nuclear plants, the Financial Times reported on Sunday, citing Japanese transportation giant Mitsui OSK Lines (MOL). The company’s CEO, Takeshi Hashimoto, told the business daily that Japan lacks viable alternatives to Russian LNG, which it buys relatively cheaply under long-term deals, to secure its baseload power. “We cannot use many nuclear power stations; therefore, the supply an

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