Power Generation: Lng Projects

power generation: The moves also contribute to energy security, a concern highlighted by recent attacks on oil facilities in Saudi Arabia, according to The Japan Times. At the conference two years ago, the former trade minister, Hiroshige Seko, committed 10 billion in public and private sector financing to LNG projects. The investments will be dedicated toward upstream, midstream and downstream LNG projects mainly in Asia, Sugawara said during a keynote speech at the annual LNG Producer-Consumer Conference in Tokyo. ; Japan, which has drawn criticism globally for sticking to coal-fired power generation as a major energy source, has been doubling up on efforts to promote the development of the global LNG market in hopes of helping to cut carbon emissions. But that was dedicated mostly to upstream endeavors such as the Arctic 2 project in Russia, a Shell-led project in Canada and a project in Mozambique, all of which have LNG production capacity of more than 10 million tons per year, according to Takeshi Soda, director of the trade ministry's international affairs division. The commitment is in addition to nearly 500 experts that Japan has trained over the past few years. Sugawara also said Thursday that the Japanese government and private firms would offer training to help develop an additional 500 experts able to enter the LNG value chain. (news.financializer.com). As reported in the news.