As the supply and demand of LNG = liquefied natural gas is tightening worldwide, the Ministry of Economy, Trade and Industry has signed a memorandum of understanding with a state-owned company in Malaysia, one of the world's leading producers, to provide accommodation in the event of a crisis situation such as a delay in procurement. We will continue to cooperate, such as receiving
On the 29th, the Ministry of Economy, Trade and Industry held an online international conference with the participation of cabinet ministers from 25 producing and consuming countries for the stable supply of LNG.
In this, Minister of Economy, Trade and Industry Nishimura said, "Public support is necessary for a stable supply of LNG. We would like to contribute to stable supply to Japan and Asia through support from Japanese public financial institutions." He expressed his intention to strengthen financing for procurement costs through banks and others.
After that, the Ministry of Economy, Trade and Industry signed a memorandum of understanding with Petronas, a Malaysian state-owned company, and confirmed that they would cooperate for the stable supply of LNG.
According to the memorandum, Malaysia will provide maximum support to Japan, such as by providing LNG, in the event of a crisis situation such as a delay in procurement. doing.
Malaysia is Japan's second largest source of LNG after Australia, and the aim is to ensure a stable supply of LNG ahead of this winter, when Japan faces concerns about procurement from Russia.