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Japan's $36 Billion Bet On US Energy Dominance
Japan's $36 Billion Bet On US Energy Dominance
Authored by Irina Slav via OilPrice.com,
Japan has committed $36 billion as the first tranche of its $550-billion U.S. investment pledge under last year’s trade deal, including plans to build a 9.2 GW natural gas power plant in Ohio.
The remaining funds will support a synthetic diamond factory and the Texas GulfLink deepwater oil export terminal.
The massive gas plant reflects surging U.S. electricity demand — particularly from AI-driven data centers — with natural gas emerging as the preferred source of reliable baseload power.
Japan has...
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