Home Forex Japan officials comment on oil, gas, border control … nothing on the yen though

Japan officials comment on oil, gas, border control … nothing on the yen though

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Japan officials comment on oil, gas, border control … nothing on the yen though

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Japan industry minister Nishimura:

  • will decide measures on Sakhalin-1
    while talking with its partners
  • Sakhalin-1 is still
    important energy source for japan to reduce its reliance on middle
    east
  • No immediate impact
    on japan’s oil supply by Russia’s decree on Sakhalin-1 as japan
    has already stopped importing oil from the project
  • Carefully monitoring
    talks between Nissan and Renault
  • Japan is
    investigating impact on Japanese companies from Petronas recent
    force majeure on lng supply
  • Japan has requested
    Petronas to minimize impact on its supply to japan by restarting
    production as soon as possible and providing alternatives

Also, from Japan chief cabinet secretary Matsuno:

  • Tuesday’s border control easing for foreign tourists utilises weak
    yen’s merit, benefits japan’s economy
  • japan takes very
    seriously Russia’s attack to Ukrainian cities, citizens, will
    strongly condemn unacceptable acts

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