Qatargas tells Japan's JERA no LNG supply impact after rift

Kind of wondered about this. Japan was getting a lot of energy from Iran. Then Iran sanctions hit and all of that vanished. So Japan started getting more energy from Russia. Then Russia sanctions hit and that got severely limited. Then 3/11 happened and Japan had to look elsewhere for a lot of gas, FAST, and eventually settled on coal because who is going to put sanctions on Canada and Australia? Coal ain't great, but it is dependable.

And through it all, Japan has bought a lot of LNG from Qatar. Old dependable Qatar. So when the news came out yesterday, I was thinking... "Wow. Again? Japan just can't catch a break." Good to hear that Japan's contracts are safe THIS week.

Nuclear power is not just a domestic issue. It is a national security issue. The world is an unstable place, and I would rather bet on earthquakes and tsunamis than on the inconstancy of international sanctions these days. It is either that or depend on coal, as North Korea does. Or maybe Japan can buy North Korean coal after North Korea switches to nuclear.