The Japanese government has unveiled a slew of policies on how it plans to improve the resiliency of the country’s energy supplies, including by providing financial support for pipelines that bypass the Strait of Hormuz. along with reinsurance for oil tankers.
Japan Rolls Out Energy Resilience Policies in Response to Mideast War
The Japanese government said it will provide financial support to pipeline projects that bypass Hormuz and introduce a levy scheme to encourage supply diversification.
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