Tokyo aims to secure foreign-currency financing for its pledged $33 billion U.S. natural gas investment under a 2023 trade deal.
Japan is exploring partnerships with foreign banks to finance its $33 billion investment in U.S. natural gas production, part of a trade agreement finalized last year. The move aims to ease foreign-currency funding procurement for the initiative, according to a finance ministry statement.
The plan follows earlier reports that U.S. lenders, including JP Morgan, were nearing involvement in the financing. The investment aligns with Tokyo’s energy security goals and trade commitments under the Trump administration deal.
No immediate market reaction was specified, but the funding strategy could reduce reliance on domestic capital for the large-scale project.