Japanese Buyers Of Russian LNG Face Insurance Uncertainty ...Middle East

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Japanese Buyers Of Russian LNG Face Insurance Uncertainty
source : OILPRICE ( Middle East ) () 14
Japan’s buyers of Russian LNG are currently assessing how changes to shipping insurance triggered by the ongoing war in Ukraine will affect supplies from the key Sakhalin-2 project in Russia’s Far East, Bloomberg has reported. Japanese insurance companies Tokio Marine Holdings Inc., Sompo Holdings Inc., and MS&AD Insurance Group Holdings Inc. will cease providing cover for marine hull war risks in Russian, Ukrainian, and Belarusian territorial waters from Jan. 1, 2023. Japan has warned that global competition for liquefied natural…

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