Russian Oil and NPPs Re-Commissioned: Japan’s Revised Energy Strategy

... to soaring energy prices and limited capabilities in nuclear energy. Mr. Hashimoto believes Japan needs the gas it purchases from Russia at relatively low prices under long-term contracts to cover its basic energy needs. While the future of Russian LNG on Japan’s market looks quite bright (at least, until 2025), things are more complicated with oil, which could be directly connected with Japan’s plans to partially restore its nuclear energy raising its share in energy generation to 20% by 2030. We ...