Sadly, even the worst human tragedies present opportunities for some. So it is with Japan’s nuclear crisis triggered by last month’s earthquake and tsunami. The crippling of the Fukushima reactors means that Japan’s energy needs will become even more onerous. No country is poised to benefit more than Russia, the world’s biggest energy exporter.
To the Russian government’s credit its initial response to the disaster was compassionate; it diverted to Japan liquefied natural gas cargoes from its Sakhalin II project, even if it meant that contracts with other customers were broken.
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