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๐Ÿ‡ง๐Ÿ‡ฉ Bangladesh /Energy & Infrastructure

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From Daily Star · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Japan plans to support alternative energy pipelines in the Middle East to enhance its energy security following the Iran war.
  • The country, heavily reliant on oil from the Strait of Hormuz before the conflict, will assist Saudi Arabia and others in developing new crude oil routes.
  • Japan is also exploring measures like tapping oil reserves, increasing imports, promoting nuclear power, and supporting solar cells to diversify its energy sources.

Japan is set to bolster its energy security by supporting the development of alternative oil pipelines in the Middle East. This strategic move comes in the wake of the recent Iran war, which significantly disrupted crucial shipping lanes.

Before the conflict, Japan, the world's fourth-largest economy, was heavily dependent on oil imports transiting through the Strait of Hormuz. To mitigate future supply disruptions, the Nikkei daily reported that Japan will aid initiatives by Saudi Arabia and other regional players to expand existing and construct new crude oil routes that bypass the vital waterway.

In addition to supporting new infrastructure, Japan is implementing several other measures. The government has already utilized its strategic oil reserves and increased crude imports from various nations, including the United States. Further steps include establishing a special crude oil reserve for naphtha production and encouraging the "maximizing the use of nuclear power." Japan is also investing in next-generation perovskite solar cells, signaling a broader commitment to diversifying its energy portfolio and meeting projected increases in power demand, particularly from AI-driven industries.

DistantNews Editorial

Originally published by Daily Star. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.