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Coin World News, according to Nikkei, British Petroleum (BP) is considering withdrawing from its offshore wind power project in northern Japan, which it is jointly developing with a Japanese partner.
Although the consortium led by Marubeni Corporation is expected to continue advancing the project, the exit of this international energy giant is undoubtedly a blow to Japan's offshore wind power industry. According to multiple sources, BP has begun discussions with consortium partners regarding the withdrawal. BP's UK headquarters said that no final decision has been made yet.