Japan decides to supply LNG to Europe when Russia invades Ukraine = Korean press

NHK reported on February 9th that Japan has decided to distribute a part of liquefied natural gas (LNG) for domestic demand to Europe in the event of an energy turmoil in Europe caused by Russia's invasion of Ukraine.

Reportedly, this is a measure requested by the US Biden administration.

The Japanese government plans to support Europe with the cooperation of LNG-related companies after securing a sufficient amount of LNG to provide a stable supply of domestic electricity. It is said that it is under consideration about the future supply amount and timing.

The Japanese government will officially announce such a position in the near future.

Given the tense situation in Ukraine, the United States is seeking cooperation from countries such as the Middle East and Asia to prepare for the European gas turmoil.

Europe depends on Russia for about 40% of its natural gas demand. Russia is likely to stop supplying Europe to Europe in the face of Western economic sanctions during the invasion of Ukraine.