Perth –
Japanese electricity producer JERA warned on Thursday it could consider fuel purchases and investments in Asia, the Middle East and the United States if Australia does not provide sufficient financial support.
Australia now accounts for about 40% of all energy imports by Japan, which has doubled its investments there after a row with key supplier Russia over the war in Ukraine.
JERA, a privately held company jointly owned by Tokyo Electric Power and Chubu Electric Power, agreed to buy a 15.1% stake in Woodside Energy’s Scarborough project, in a race to supply liquefied natural gas secure in the long term.
