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Al Arabiya
30-06-2025
- Business
- Al Arabiya
China Lifts a Nearly 2-Year Ban on Seafood From Japan Over Fukushima Wastewater
China has reopened its market to seafood from Japan after a nearly two-year ban over the discharge of slightly radioactive wastewater from the tsunami-destroyed Fukushima nuclear power plant. A notice from the customs agency said the ban had been lifted Sunday and that imports from most of Japan would be resumed. The ban, imposed in August 2023, was a major blow to Japan's fisheries industry. China was the biggest overseas market for Japanese seafood, accounting for more than one-fifth of its exports. The nuclear plant at Fukushima was heavily damaged by a deadly tsunami that followed a huge offshore earthquake in 2011. Water still must be pumped in to cool the radioactive fuel. The water is then stored in what was an ever-growing complex of tanks on the property. After years of debate, the utility won government permission to discharge the water gradually into the sea after treating it to remove most of the radioactive elements. Japanese officials said the wastewater would be safer than international standards and have negligible environmental impact. China disagreed and imposed a ban, saying the discharge would endanger the fishing industry and coastal communities on its east coast. The ban will remain in place for seafood from 10 of Japan's 47 prefectures, including Fukushima and nearby ones. Japanese seafood exporters will have to reapply for registration in China, and all imports will have to include a health certificate, a certificate of compliance for radioactive substance testing, and a certificate of origin, the Chinese customs agency said.


The Independent
30-06-2025
- Business
- The Independent
China lifts a nearly 2-year ban on seafood from Japan over Fukushima wastewater
China has reopened its market to seafood from Japan after a nearly two-year ban over the discharge of slightly radioactive wastewater from the tsunami-destroyed Fukushima nuclear power plant. A notice from the customs agency said the ban had been lifted Sunday and that imports from most of Japan would be resumed. The ban, imposed in August 2023, was a major blow to Japan's fisheries industry. China was the biggest overseas market for Japanese seafood, accounting for more than one-fifth of its exports. The nuclear plant at Fukushima was heavily damaged by a deadly tsunami that followed a huge offshore earthquake in 2011. Water still must be pumped in to cool the radioactive fuel. The water is then stored in what was an ever-growing complex of tanks on the property. After years of debate, the utility won government permission to discharge the water gradually into the sea after treating it to remove most of the radioactive elements. Japanese officials said the wastewater would be safer than international standards and have negligible environmental impact. China disagreed and imposed a ban, saying the discharge would endanger the fishing industry and coastal communities on its east coast. The ban will remain in place for seafood from 10 of Japan's 47 prefectures, including Fukushima and nearby ones. Japanese seafood exporters will have to reapply for registration in China and all imports will have to include a health certificate, a certificate of compliance for radioactive substance testing and a certificate of origin, the Chinese customs agency said.


Japan Times
27-06-2025
- Business
- Japan Times
Household electricity bills in Japan set to fall in July due to subsidies
The nation's 10 major electricity suppliers said Friday that power bills for standard households will fall by between ¥520 and ¥691 in July from the previous month. Behind the drop is a resumption of government subsidies to cut electricity costs from July to September, when the use of air conditioners spikes. Falls in prices of liquefied natural gas will also contribute to the decline in electricity bills. The subsidies will be ¥2 per kilowatt-hour of electricity consumed in July and September and ¥2.4 per kilowatt-hour in August. Tokyo Electric Power Company Holdings and Kansai Electric Power define a standard household as one consuming 260 kilowatt-hours of electricity per month. Given that, the subsidies alone are projected to push down the bills for such households for July by ¥520. For Tepco, the July bill for a standard household will decrease by ¥616 to ¥8,236, while Kansai Electric expects a drop of ¥520 to ¥7,271. Subsidies are also set to be reflected in city gas bills, by ¥8 per cubic meter in July and September and ¥10 per cubic meter in August. The subsidies will push down the gas bills of four major suppliers, including Tokyo Gas, by between ¥241 and ¥318 for July. Subsidies for electricity and gas bills began in January 2023 as a temporary measure in response to soaring fuel costs following Russia's invasion of Ukraine. The program was halted and restarted several times. The last time it was implemented was from January to March this year. The government plans to spend ¥288.1 billion from its fiscal 2025 budget reserves for the electricity and gas subsidies.


CNA
20-06-2025
- Business
- CNA
JERA, Woodside Energy agree on supply deal during winter months
TOKYO :Japan's biggest power generator, JERA, and Australia's Woodside Energy have signed a deal for Woodside to supply JERA with liquefied natural gas during the winter months, the companies said on Friday. The Heads of Agreement was signed at the LNG Producer-Consumer Conference held in Tokyo. Under the deal, Woodside will supply about 200,000 metric tons of LNG annually during the December to February period, starting in fiscal year 2027, according to a JERA spokesperson. JERA, jointly owned by Tokyo Electric Power and Chubu Electric Power, is Japan's largest LNG buyer.


Reuters
20-06-2025
- Business
- Reuters
JERA, Woodside Energy agree on supply deal during winter months
TOKYO, June 20 (Reuters) - Japan's biggest power generator, JERA, and Australia's Woodside Energy ( opens new tab have signed a deal for Woodside to supply JERA with liquefied natural gas during the winter months, the companies said on Friday. The Heads of Agreement was signed at the LNG Producer-Consumer Conference held in Tokyo. Under the deal, Woodside will supply about 200,000 metric tons of LNG annually during the December to February period, starting in fiscal year 2027, according to a JERA spokesperson. JERA, jointly owned by Tokyo Electric Power (9501.T), opens new tab and Chubu Electric Power (9502.T), opens new tab, is Japan's largest LNG buyer.