Fact Sheet ➥ ➥

Fact Sheet Japanese Utilities are Looking to Offload Excess LNG Supply in Emerging Asia Once the largest global importer of liquefied natural gas (LNG), Japan’s demand for the fuel has fallen rapidly in recent years. [...] As a result, the country’s gas and power utilities face a surplus of LNG purchase commitments and are increasingly focused on marketing and selling the fuel abroad. [...] • T he Sixth Strategic Energy Plan envisions the role of gas in the power mix falling 53% this decade, which could see LNG demand fall between 25.7 and 31.6 mt by 2030. [...] ➥ ➥ Fact 3: Japan’s LNG buyers are cultivating demand in South and Southeast Asia to offload surplus LNG volumes. [...] • U tilities are investing in midstream and downstream gas infrastructure, such as regasification terminals and LNG-fired power plants and offering engineering and consulting services to inform energy and power roadmaps across the region.