An importer of LNG since 1969, Japan meets most of its demand for the super-chilled cargo from Australia, southeast Asia and the Middle East. Of the 82.5M tonnes of LNG imported by Japan last year, 85% came from those regions. Increasingly, however, Japan is looking to diversify its LNG resources in an effort to improve energy security and provide price stabilisation. This has become more apparent with the recent rising tensions in the Middle East.
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