Japan LNG procurement: 2040 outlook & policy actions

Japan-LNG-procurement

Japan’s 7th Strategic Energy Plan keeps LNG central: in a “risk case,” demand rises 8 Mt from FY2023 to 74 Mt by FY2040, so securing new long-term contracts is essential. Yet contracting is getting harder amid demand uncertainty from power-market liberalization, variable renewables and lower LNG thermal utilization—plus a wave of contract expiries. The report urges stronger public-private coordination while […]

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