Malaysia's Prime Minister Anwar Ibrahim is expected to commit to providing Japan with the largest feasible volumes of liquefied natural gas and naphtha at a summit on Wednesday, Nikkei Asia reported the same day.
Japanese Prime Minister Sanae Takaichi and her Malaysian counterpart plan to issue a joint statement containing this pledge, as Japan seeks to reduce its reliance on Middle Eastern oil following the closure of the Strait of Hormuz, the news daily said.
Malaysia currently supplies about 15% of Japan's LNG, making it the second-largest source after Australia, which accounts for roughly 40%, the publication said.
The Malaysian commitment follows Takaichi's visit to Australia last month, where she worked to expand LNG's share in Japan's energy imports, the report said.
The two leaders will also discuss urea supplies, a key raw material for medical gloves and chemical fertilizers, and are expected to reaffirm the importance of Tokyo-led POWERR Asia energy cooperation framework, it added.
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