Japan may consider ways to contribute to international LNG market

TOKYO: Japan's government will consider ways to contribute to the international community since it is a key importer of liquefied natural gas , in the event of a conflict between Russia and the West over Ukraine, Industry Minister Koichi Hagiuda said on Friday .

He declined to confirm local reports that the United States government has asked Japan if it could revert some of LNG imports to Europe in the event of a crisis in Eastern Europe, saying:"We can't comment on our diplomatic exchange."

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Japan has no plans to review sales tax rates, finance minister saysTOKYO : Japanese is not considering reviewing future national sales tax rates as the current 10per cent levy provides a vital source of funding the social security spending to support its ageing population, the finance minister said on Friday.Shunichi Suzuki told reporters after a cabinet meeting that Jap
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