Japan Plans to Launch Energy Resilience Program, Diversifying Crude Oil Procurement and Supporting Middle East Pipeline Projects Bypassing the Strait of Hormuz

```html(1) The Japanese government will announce a comprehensive plan on Wednesday aimed at enhancing the resilience of energy supply. The plan includes diversifying crude oil procurement channels and supporting the construction of Middle Eastern oil pipelines that bypass the Strait of Hormuz.(2) This plan will be formally proposed at the government's "Green Transformation (GX) Implementation Meeting" and is one of Japan's core policies to reduce dependence on the Strait of Hormuz and ensure energy security.(3) Japan will promote pipeline projects that bypass the Strait of Hormuz in cooperation with Middle Eastern countries through the Japan Organization for Metals and Energy Security (JOGMEC), in order to diversify import risks and secure stable crude oil transportation.```