Fx News

Japan’s Koichi Hagiuda: Will continue to look to Australia for stable LNG supply despite the potential curb

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Japan’s Industry Minister Koichi Hagiuda stated on Friday that they “will proceed to seem to be to Australia for secure LNG grant no matter achievable curb of LNG exports with the aid of Australia.”

Additional quotes
“Asking Mitsui and Mitsubishi to suppose positively to follow for a stake in new Russian entity to change sakhalin-2 project.”

“Still uncertain about important points of prerequisites for Japanese buying and selling homes to observe for a stake in new Russian entity to take over sakhalin-2 project.“

“Not conscious of any request with the aid of the Russian facet to are seeking extra funding or economic burden from Japanese buying and selling homes to be a part of the new Russian entity.”

Market reaction
USD/JPY was once remaining viewed buying and selling at 133.17, up 0.24% on the day amid a tepid US greenback jump and beforehand of the US NFP.

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