Natural gas supply diversifies away from Mideast as Japan and UK seek new sources

NYT+1 · 9 hours ago
Natural gas supply diversifies away from Mideast as Japan and UK seek new sources
  • Britain is reported to have approved new gas drilling in the North Sea at the Jackdaw field off Scotland.
  • Jackdaw would be the first new gas extraction project in the North Sea since a government moratorium in 2024.
  • Japanese refiner Idemitsu Kosan will begin Japanese sales of LNG imported from regions other than the Middle East, as soon as the early 2030s.
  • Idemitsu's diversification comes as regional conflict drags on, according to Nikkei Asia.