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Japan Unveils New Energy Security Policy

TOKYO - Japan has drawn up a new policy package aimed at strengthening energy security in response to developments in the Middle East, including support for alternative oil pipelines that would bypass the Strait of Hormuz and greater use of nuclear power to reduce dependence on fossil fuels.

The package includes government support for the construction of alternative pipelines that could help Japan procure crude oil through routes that do not pass through the Strait of Hormuz, a critical shipping lane for energy supplies from the Middle East.

The government also plans to reduce Japan's dependence on fossil fuels by making maximum use of nuclear power, with safety remaining the overriding prerequisite.

Prime Minister Sanae Takaichi instructed relevant ministers to turn the measures into concrete policies and compile a new Green Transformation, or GX, strategy by the end of the year.

The new strategy is intended to strengthen the stability of Japan's energy supplies while reducing the country's vulnerability to disruptions linked to geopolitical developments in the Middle East.

Source: テレ東BIZ

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