Japan considers scaling back LNG use
Global LNG demand might not reach previously forecast heights this decade as Tokyo mulls an increased role for renewables
Japan's government has published a new draft energy plan for 2030 that envisages more renewable power, reduced gas and coal-fired generation, as well as steady nuclear targets as the country seeks to meet its 2050 decarbonisation goals. The revised draft anticipates renewables becoming by far the country’s single largest energy source by 2030, whereas previous plans placed renewables third—below LNG and coal. But it is not clear when the revised plans—which were published by the Resources and Energy Study group subcommittee of the powerful Ministry for Economy, Trade and Industry (Meti)—might become official policy. Tokyo now wants to give “top priority to renewable energy” to reach 36-38p

Also in this section
14 March 2025
Gas production slumped to an eight-year low in 2024, but new discoveries and partnership with Cyprus paint a more positive outlook
13 March 2025
Gas will become a more important part of the energy mix longer-term, raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio