{"id":13248,"date":"2025-02-08T04:34:35","date_gmt":"2025-02-08T04:34:35","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=13248"},"modified":"2025-02-08T04:34:35","modified_gmt":"2025-02-08T04:34:35","slug":"trump-says-he-discussed-lng-exports-with-japans-ishiba","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/13248\/","title":{"rendered":"Trump says he discussed LNG exports with Japan’s Ishiba"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0President Donald Trump said that the United States and Japan are discussing a pipeline project in Alaska after meeting with the country\u2019s prime minister, Shigeru Ishiba.<\/p>\n

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\u201cWe\u2019re talking about a joint venture of some type between Japan and US.., having to do with Alaska oil and gas,\u201d Trump said Friday at a joint press conference alongside Ishiba at the White House.<\/p>\n<\/section>\n

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The president said Japan would also begin importing new shipments of American liquefied natural gas (LNG) \u201cin record numbers\u201d and accused his predecessor, former U.S. President Joe Biden, of failing to help the U.S. ally address its energy needs.<\/p>\n

\u201cWe also confirmed we will cooperate to strengthen energy security between the two countries, including increasing exports of United States liquefied natural gas to Japan in a mutually beneficial manner,\u201d Trump said. \u201cJapan wanted to buy LNG and Biden wouldn\u2019t sell it. I\u2019m trying to figure that one out. Maybe it was the environment,\u201d he added.<\/p>\n

Trump did not specify which project he was referring to, but before his meeting with Ishiba, the president was urged to encourage investment in a US$44 billion natural gas export project long planned in the state. The Alaska Gasline Development Corp. project has been prioritized by Republicans, including the president, who promised just after the election he would ensure it \u201cgets built to provide affordable energy to Alaska and allies all over the world.\u201d<\/p>\n

The president also used a Jan. 20 executive order to make clear it\u2019s now U.S. policy to \u201cprioritize the development of Alaska\u2019s liquefied natural gas potential, including the sale and transportation of Alaskan LNG to other regions of the United States and allied nations within the Pacific Region.\u201d<\/p>\n<\/section>\n

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Ishiba through a translator confirmed the ongoing discussions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n

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\u201cWe will cooperate to strengthen energy security between the two countries including increasing exports of United States liquefied natural gas to Japan in a mutually beneficial manner,\u201d he said. And he added that Japan is interested in importing bioethanol, ammonia and other resources \u201cat a reasonable price from the United States.\u201d<\/p>\n

The venture \u2014 proposed in various forms for decades \u2014 would open new markets for massive gas reserves now stranded on Alaska\u2019s North Slope. But unlike LNG export facilities on the U.S. Gulf Coast, this one would be massive in scale, requiring the construction of an 800-mile pipeline across the state, and encompassing a separate carbon capture facility as well as import and export capability. In the short term, the project would import natural gas to supply Alaska, helping offset declining production in the state\u2019s Cook Inlet.<\/p>\n

Senator Dan Sullivan, a Republican from Alaska, has urged U.S. allies in Asia \u2014 specifically Japan, Korea and Taiwan \u2014 to buy LNG from the project, shunning supplies from Qatar he\u2019s cast as \u201cunreliable.\u201d<\/p>\n<\/section>\n

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It\u2019s a \u201chuge mistake\u201d for them to be \u201cdoubling down on Qatari gas,\u201d Sullivan said at a recent Center for Strategic and International Studies event. While those supplies could be cut off amid geopolitical tensions, he argued, the Alaska LNG project offers assurance of reliable supply \u201cbacked by the full faith and credit of the United States of America.\u201d<\/p>\n

U.S. LNG purchase agreements and investments are the matter of private companies, and typically governments have little oversight into these negotiations. It isn\u2019t clear if any Japanese companies are actually close to purchasing more LNG from the U.S.<\/p>\n

Still, Trump\u2019s tariffs threats have prompted policymakers from South Korea to the European Union to consider procuring more energy from the US, which is both biggest producer of crude and the largest exporter of liquefied natural gas.<\/p>\n

Japan is the world\u2019s second-largest LNG buyer, and several companies had already been considering investment in U.S. export facilities ahead of Trump\u2019s election as part of a broader move to boost energy security.<\/p>\n

In Japan, the government has urged buyers to seek more long-term LNG pacts on fears that electrification and the AI boom will up power demand. Roughly 10\u00a0 per cent of Japan\u2019s LNG supplies came from the U.S. last year, according to ship-tracking data compiled by Bloomberg.<\/p>\n<\/section>\n

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