Japan’s energy dilemma in an era of volatility

Between 30% to 40% of Japan's power generation relies on LNG, yet the country maintains only two to three weeks of LNG feedstock for electricity generation.

The Japan Times
The U.S. expects Japan to stop importing Russian energy in response to Moscow's 2022 invasion of Ukraine, U.S. Treasury Secretary Scott Bessent says. https://www.japantimes.co.jp/business/2025/10/16/economy/us-japan-russia-energy/?utm_medium=Social&utm_source=mastodon #business #economy #usjapanrelations #scottbessent #katsunobukato #energy #sakhalin2 #lng
U.S. expects Japan to stop buying Russian energy, Bessent says

Russia's Sakhalin-2 project remains vital to Japan's energy security as it accounts for about 9% of its liquefied natural gas imports.

The Japan Times
"Japan relies on Russia for 9% of LNG supply, mostly from long-term Sakhalin-2 contracts" (Reuters: 11 Dec 2024)
" ”Buyers can allow Sakhalin-2 contracts to expire without impairing Japan's energy security” "
"But utilities still prefer the cheapest source of gas"
https://www.reuters.com/business/energy/rival-lng-supplies-sakhalins-depleting-fields-give-japan-an-exit-russian-gas-2024-12-11/
#Japan #LNG #Sakhalin2
As Japan's long-term contracts to secure liquefied natural gas from Russia's Sakhalin-2 project near expiration, rival producers are seeing an opportunity to fill the supply gap. https://www.japantimes.co.jp/business/2024/12/12/companies/japan-russia-lng-supply/?utm_medium=Social&utm_source=mastodon #business #companies #lng #gas #energy #utilities #russiajapanrelations #meti #sakhalin2
Rival supplies and depleting fields give Japan an exit from Russian gas

Japan, the world's second-biggest liquefied natural gas buyer, depends on Russia for 9% of its LNG.

The Japan Times