US Likely to Lift Shale Gas Embargo to Japan
From Japan Daily Press
According to diplomatic sources in Washington, the United States government is at the concluding stages of approving shale gas exports to Japan. It is expected that Americaâ€™s Energy Department will give conditional approval for the time being, and then it will proceed to examine Japanese companies and their shale gas export projects. The approval is expected to come as early as this April.
It would be a much welcomed development for Japan if the shale gas exports will be approved this summer. Currently, the liquefied natural gas (LNG) imports have been rising after the suspension of all nuclear reactors, except two, due to the devastation that the Fukushima Daiichi nuclear power plant brought about in 2011.
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