Japan will have to continue importing Russian liquefied natural gas because of soaring energy prices and limited prospects of rebooting nuclear plants, according to the head of one of Asia’s biggest shipping conglomerates.
Mitsui OSK Lines president and chief executive Takeshi Hashimoto said the country lacked 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 and demand balance of the power industry is quite tight,” he told the Financial Times. “Nowadays, the spot market of both LNG and coal is quite expensive. That is one of the reasons why Japan is so reluctant to stop the LNG imports from Russia.”
您已阅读25%（742字），剩余75%（2231字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。