11-06-2022, 10:19 AM
(03-05-2022, 09:32 AM)cityhantam Wrote: https://www.channelnewsasia.com/business...ct-2651351
Tokyo Gas says no plan to voluntarily stop buying LNG from Sakhalin-2 project
Tokyo Gas Co Ltd said on Wednesday it was not an option for the Japanese city gas distributor to voluntarily stop buying liquefied natural gas (LNG) from the Sakhalin-2 project in Russia as it needs a stable fuel supply, according to its CFO.
"It's difficult to quickly find alternatives for Russian LNG as it accounts for about 10 per cent of our fuel imports," Tokyo Gas Chief Financial Officer Hirofumi Sato told a news conference.
"The choice not to buy LNG from Sakhalin-2 voluntarily is basically an untenable one, based on the premise of a stable supply," he said.
Many countries still depend on Russian oil and gas supplies lah!