Pays: Asie

Indonesia approves $3.07 billion for Tuna

Indonesia approves the first development plan for the Tuna offshore gas field. With an estimated total investment of $3.07 billion until production begins. The project is expected to assert Indonesia’s sovereignty in the South Sea, which is subject to numerous tensions with China.

Japan maintains its Russian Gas Insurance coverage

Following the announcement of the cessation of marine war insurance, British reinsurers granted Japan 30 billion yen until March. The aim is to secure fuel imports from Japan via Sakhalin-2 in the Russian Far East at the height of winter demand.

Japan adopts alternatives to Russian gas

In Japan, ship insurers announced that they were cancelling coverage for war risks in Russia, Ukraine and Belarus. The announcement comes after reinsurers withdrew from the region in the face of significant losses.