Japan LNG market report
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Report summary
Table of contents
- Japan’s LNG demand will remain relatively resilient at above 63 Mt annually until 2032, then gradually decline to 45 Mt by 2050
- In Japan’s 7th Strategic Energy Plan (SEP), gas is expected to play a critical backup role in ensuring long-term energy security
- Japan’s contract supply mix is evolving
- Japan is home to the largest regasification capacity in the world, with market liberalisation underway for a number of years
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