- Algeria allocates $3.5 billion to support exploration and to increase the size of hydrocarbon reserves
- Qatar Energy to add another 2 gigawatts to its installed solar capacity
- Indian Oil Corporation signs second agreement with Ruwais LNG
- The Iraqi government is unable to reduce production from Iraqi Kurdistan to be in line with OPEC+ decisions
- Saudi Arabia's oil export revenues to fall in 2024 due to repeated voluntary production cuts
- ASRY Awarded 2024 RoSPA Gold Medal in Health and Safety
- BP ponders shifting focus away from renewables, say sources
- QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
Japan Energy Structure
Oil & Gas supply situation in Japan
|
Supplies |
Self – Supply Ratio |
Consumption share of world |
Consumption Rank |
Top Supply Countries |
|
Crude oil |
0.4 % |
6.5 % |
3rd |
Saudi Arabia, UAE, Iran |
|
Natural Gas |
3.6 % |
2.9 % |
7th |
Indonesia, Malaysia, Australia.
|
Middle East provides Japan with nearly 90% of its oil imports. As for natural gas, Japan imports almost all its needs in the form of liquefied natural gas (LNG) mainly from Southeast Asia, including Indonesia, Malaysia and Brunei. For this reason, stable supply of energy and mineral resources from overseas is one of Japans most important concerns.
