‘Japan won’t divest from Russian energy assets’

PODCAST: With special guests Yuriy Humber and Mayumi Watanabe, Japan NRG

“The reality is that if Japan suddenly quits its Russian LNG purchases, Japan would have to compete for supplies in the spot market. Japan is buying LNG on long-term contracts probably at around $9 to $10 per MMBtu. Yesterday we saw the Asian LNG spot contract JKM approach $85 per MMBtu — an absolutely astonishing amount. If you would like decarbonisati…