Japan Energy Plan Seeks to Back Pipelines Bypassing Hormuz

Japan energy plan seeks to back pipelines bypassing Hormuz

The plan is part of a new energy strategy that's aimed at strengthening supply security, according to documents from Japan's Cabinet Office.

Japan to back Middle East oil pipelines bypassing Strait of Hormuz

TOKYO, Aug 26 — Japan plans to provide support for alternative pipelines in the Middle East as it seeks to improve energy security in the wake of the Iran war, local media reported today.Before the conflict began in February, the world’s fourth-biggest economy was heavily reliant on oil imports passing through the now-strangled Strait of Hormuz.The Nikkei daily reported that Japan will assist initiatives by Saudi Arabia and other countries to ex…