Japan to promote gas, LNG, hydrogen investment during G7 presidency

Japan will stress the importance of investment in natural gas, liquefied natural gas as well as cleaner fuels such as hydrogen and ammonia during its presidency of the G7 this year, a senior energy official said on Tuesday.

Japan, president of the rich-country grouping for 2023, will hold a ministerial meeting on climate, energy and environment in the city of Sapporo on April 15-16, ahead of the main G7 summit in Hiroshima city on May 19-21.

Japan expects global energy markets to remain tight for years and it would “emphasise investment into natural gas, LNG, hydrogen and ammonia”, Takeshi Soda, director of the Ministry of Economy, Trade and Industry’s petroleum and natural gas division, told a conference.

Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors. 

Click to view all articles for the EPIC:
Or click to view the full company profile:
Fidelity Japan Trust

More articles like this

Fidelity Japan Trust

Nikkei share average rebounds on high risk sentiment

Japan’s Nikkei share average rebounded on Monday as investors scooped up beaten-down stocks on the dip, with risk sentiment running high after markets caught the tailwind from a bounce on Wall Street. The Nikkei finished up

Fidelity Japan Trust

EU and Japan enhance collaboration on Advanced Materials

The EU and Japan will work together on developing new materials used in critical sectors of the economy. Cementing close collaboration in research and innovation, Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth, and Hiroki

Fidelity Japan Trust

The evolution of Japan’s economic landscape:

For over six decades, Japan’s blend of conservative business practices and engineering prowess has propelled it to global prominence. From electronics to automobiles, Japanese corporations have captivated markets worldwide, their names reverberating across continents. Yet, despite

Fidelity Japan Trust

Nikkei 225 index climbs in Japan as Yen weakens

In Japan, the Nikkei 225 index climbed the most in a month and the yen traded weaker against the dollar, amid signs markets have priced in the potential for an interest-rate increase. “Japanese stocks are rising,

Fidelity Japan Trust

Japan’s economy avoids recession as Q4 growth revised upwards

Japan’s economy avoided a technical recession, revised government data showed on Monday, even though the upward change in the fourth quarter was weaker than expected and highlighted concerns about the sluggish economic recovery. Japan’s revised gross

Fidelity Japan Trust

Japan’s Nikkei 225 hits new high

Japan’s Nikkei 225 index hit a fresh high Monday as traders returned from a long weekend, while China markets snapped a nine-day winning streak. The Nikkei ended 0.4% higher at 39,233.71, comfortably above its previous closing record of

Fidelity Japan Trust

Japan’s stock market approaching all-time highs

On February 16, the Nikkei Stock Average continued its upward climb on the Tokyo Stock Exchange. At one point, the stock market surge exceeded ¥700 JPY ($4.67 USD. That edged within ¥50 of the all-time high of ¥38,915.87 ($259.49),

Fidelity Japan Trust

Japanese shares reach 34-year high as European stocks slip

Japanese shares touched a 34-year peak on Tuesday, while European stocks and S&P 500 futures slipped as investors waited for a U.S. inflation report that could shape Federal Reserve policy. Treasuries and the dollar were little

Fidelity Japan Trust

Japanese stocks rise for second session

Stocks in the Asia-Pacific region were mixed Monday, Feb. 5, with the Japanese market showing a second day of increases and shares in Hong Kong declining for the second day. The Hang Seng Index Hang Seng

Fidelity Japan Trust

Tokyo stocks rise on weaker Yen and Dow Jones high

Tokyo stocks rose Monday morning as exporter issues were bought on the back of a weaker yen, with sentiment further buoyed by the U.S. Dow Jones index hitting an all-time high late last week. The 225-issue

Fidelity Japan Trust

Nikkei reaches 34-year high

Tokyo stocks closed higher on Monday with the Nikkei index up for a sixth trading day to end at a fresh 34-year high, while robust retailer earnings further lifted the market sentiment. Japan’s benchmark Nikkei stock