Blog

Oct 21, 2022

Long-Term Deals Help Japan Secure Ample Gas Amid Global Shortfall

Posted by in category: futurism

TOKYO—Japan imports nearly all of its natural gas and, despite the worst energy crisis in many years, it isn’t facing shortages or out-of-control prices.

Its secret is a reliance on long-term contracts for liquefied natural gas, a strategy that had been in decline until recently but now is rebounding in popularity. The world’s largest buyer of LNG is enjoying a moment of validation—at least for now.

Comments are closed.