Japan to propose emergency global gas reserve – Bloomberg   ...News

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Japan to propose emergency global gas reserve – Bloomberg  
Tokyo will suggest the idea to the International Energy Agency, the outlet has said   Japan is planning to create a global strategic natural gas reserve to guard against energy crunches such as the one that hit the EU and its allies last year, Bloomberg reported this week. Tokyo’s plan will be presented to the International Energy Agency (IEA) and involves a so-called strategic buffer similar to an emergency oil reserve, the outlet said, citing people familiar with the matter. The IEA already requires member nations such as the US and Japan to have a strategic stockpile of oil equivalent to at least 90 days of ne

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