Japanese liquefied natural gas imports for the first six months of the current fiscal year rose by 4 percent and with deliveries from the Russian Far East Sakhalin liquefaction plant increasing year-on-year and costing 90 percent more than the previous year as more Atlantic Basin shipments pointed at Europe.

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The European Union and Japan said after meetings in Brussels that they were committed to work closely to address the current challenges in energy markets worldwide, including LNG and pipeline natural gas supplies.

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Tokyo Gas, a leading liquefied natural gas importer, plans to issue the first “energy transition” corporate bond by a Japanese city-gas company to help finance three projects, including the Niihama LNG import terminal on Shikoku Island.

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