Latest news with #AlaskaSustainableEnergyConference
Hindustan Times
3 days ago
- Business
- Hindustan Times
Japan to send a senior official to Alaska energy conference
TOKYO, - Japan's Economy, Trade and Industry Minister Yoji Muto said on Friday that a senior official will attend an energy conference in Alaska early next week, where the proposed $44 billion Alaska LNG project is expected to be discussed. Takehiko Matsuo, the ministry's Vice-Minister for International Affairs, will participate in the Alaska Sustainable Energy Conference, scheduled for June 3-5, Muto said. The conference starts the day after talks scheduled by the Trump administration, which invited officials from Japan, South Korea and Taiwan to Alaska to discuss projects including a vast gas pipeline, as Asian governments consider U.S. investments in the hopes of relief from Washington's tariffs. It was not immediately clear whether Matsuo would attend the event on June 2, which will be hosted by Trump's energy czar, Interior Secretary Doug Burgum, and Energy Secretary Chris Wright. Muto said Japan has been in communication with the U.S. regarding pipeline construction and other issues, adding, "I expect meaningful discussions will be held this time as well." Japan's biggest LNG buyer JERA has sent an "expression of interest" to Glenfarne in the Alaska LNG Project, Bloomberg News reported on Friday. Glenfarne is the development partner of state-run Alaska Gasline Development Corporation . South Korea will send its Deputy Minister for Energy Policy and other energy ministry officials to the Alaska Sustainable Energy Conference, the ministry said on Thursday, as some Asian countries consider investing in the Alaska LNG project. Meanwhile, Friends of the Earth Japan said on Thursday that more than 150 groups from Japan and around the world sent an open letter to the Japanese Prime Minister urging the country not to join the costly Alaska LNG project. "For Japan, Alaska LNG is absolutely unnecessary. Japanese companies resold 37% of LNG they handled because Japan is buying LNG much more than it needs," said Hiroki Osada, a campaigner at Friends of the Earth Japan. "Starting another new LNG project is already a horrible decision considering this, but it is even more outrageous given it also exacerbates climate change beyond threshold, and destroys the indigenous way of life and the biodiversity in Alaska," he added.
Yahoo
3 days ago
- Business
- Yahoo
Japan's Top LNG Buyer Inks Preliminary Pact With Alaska Project
(Bloomberg) -- Japan's largest liquefied natural gas importer, JERA Co., signed an expression of interest to explore buying the fuel from a long-delayed export project in Alaska, according to people with knowledge of the matter. NYC Congestion Toll Brings In $216 Million in First Four Months The Economic Benefits of Paying Workers to Move Now With Colorful Blocks, Tirana's Pyramid Represents a Changing Albania NY Wins Order Against US Funding Freeze in Congestion Fight NY Congestion Pricing Is Likely to Stay Until Year End During Court Case JERA, which is also the nation's largest power producer, inked the non-binding pact ahead of a summit in the US state next week, said the people, who asked not to be identified because the talks are private. JERA did not specify in the expression of interest how much LNG the company would potentially buy, the people said. JERA didn't immediately respond to a request for comment. The move is a small step forward for the $44 billion Alaska LNG export project, which has been proposed in various forms for decades but struggled to secure binding long-term contracts and investments. The LNG pact comes as Japan's government is seeking to smooth the path toward a tariff deal with the US. Proponents of the project, which has been championed by US President Donald Trump, are using the Alaska Sustainable Energy Conference next week as a way to rally support. Takehiko Matsuo, vice minister for international affairs at Japan's Trade Ministry, will attend the gathering, Japanese Trade Minister Yoji Muto said to media on Friday. Taiwan will also send a delegation to the project. South Korea's energy ministry and Korea Gas Corp. are expected to attend the same discussions, the Herald Business Newspaper reported earlier this week. --With assistance from Srinidhi Ragavendran. YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Inside the First Stargate AI Data Center How Coach Handbags Became a Gen Z Status Symbol ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
3 days ago
- Business
- Bloomberg
Taiwan Will Send Delegation to Alaska LNG Talks Next Week
Taiwan will send a delegation to a summit in Alaska to discuss procuring liquefied natural gas from a long-delayed project championed by US President Donald Trump. 'We already got the invitation' from the US, Taiwan's Deputy Foreign Minister Chen Ming-chi said in an interview with Bloomberg News on Thursday, referring the Alaska Sustainable Energy Conference from June 3 to 5. A high-ranking official will lead the delegation, he said.
