Japan is considering backing a $44 billion gas pipeline and LNG export project in Alaska to avoid President Trump's tariffs on countries that don't buy more U.S. energy. Japan, the world's second-largest LNG importer, is exploring possible commitments to buy more U.S. LNG. President Trump may raise the Alaska LNG project at a meeting with Japanese Prime Minister Shigeru Ishiba.
Japan could be open to discussing backing a $44-billion gas pipeline and LNG export project in Alaska to avoid President Trump’s tariffs, Reuters reported on Friday, citing officials in Tokyo with knowledge of the matter. Japan , the world’s second-largest LNG importer, as well as other U.S. trade partners in Asia, are considering buying more LNG and other energy products from the United States. Since winning the U.S.
the largest LNG buyer in Japan, plans to boost purchases from the United States to diversify its supply portfolio, a top company executive told Reuters last week. President Trump may raise discussions for the Alaska LNG project at a meeting with Japanese Prime Minister Shigeru Ishiba expected to take place early next month, according to Reuters’s sources. Japan is ready to explore possible backing and other commitments to buy more U.S. LNG if asked, the officials told Reuters.
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