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TOKYO (Reuters) – Importers of liquefied petroleum gas (LPG) in the country expect a rise in LPG prices in the United States and a shortage of US supplies in case of supply disruption in the Middle East, announced Friday the president of the LNG Union.
Japan has diversified its LPG sources over the last 30 years, mainly by increasing imports from the United States to reduce the dependence on the Middle East from 24% in March 2019 to 24% in March 2019.
"We have managed to diversify sources of supply in order to reduce dependence in the Middle East, unlike oil importers who still depend heavily on the Middle East," SIA Araki told a news conference. press.
"But we are aiming to further diversify resources in areas such as Australia and Canada, because there is a risk of dependence on the US, where 70% of supplies come from," she said. he said, adding that other buyers of LPG could rush to buy replacement gas in the United States. From the Middle-East.
(Reuters)
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