Carbon neutral LNG in Japan: Drivers and Perspectives

Japan became the number one destination for this niche product, with a record of 26 shipments imported between 2019 and the end of February 2023 The Japanese gas industry’s demand for carbon-neutral LNG is driven by something more than just public relations (PR) – and to a large extent, this driver is the Japanese government’s low-carbon policies According to the official plans, over the coming decades, Japan’s imports of carbon-neutral LNG might grow 2-fold annually compared to the total amount imported in 2022 The intentions of the government to increase the rates of fuel switching from oil and coal to […]