BRIEF-Japan Petroleum Association President - It’S Unclear And Difficult To Understand The National Security Concerns Behind U.S. Government's Blocking Of Nippon Steel's Acquisition Of U.S. Steel

Jan 22 (Reuters) - Nippon Steel Corp 5401.T:

• PAJ PRESIDENT: NOT CERTAIN WHETHER U.S. ENERGY DEVELOPERS WILL IMMEDIATELY RAISE OIL AND LNG PRODUCTION DESPITE TRUMP ADMINISTRATION'S POLICY

• PAJ PRESIDENT: WE’RE UNLIKELY TO IMMEDIATELY BOOST PROCUREMENT OF U.S. OIL, GIVEN STABLE CRUDE SUPPLY FROM MIDDLE EAST AND ITS COMPATIBILITY WITH JAPANESE REFINERIES

• JAPAN PETROLEUM ASSOCIATION PRESIDENT: IT’S UNCLEAR AND DIFFICULT TO UNDERSTAND THE NATIONAL SECURITY CONCERNS BEHIND U.S. GOVERNMENT'S BLOCKING OF NIPPON STEEL'S ACQUISITION OF U.S. STEEL

Source text: [ID:]

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(Reporting by Tokyo Newsroom)

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