Japan reacts and evolves
Japan’s energy economy is pulsating – under the weight of its past, imprisoned by imports, and a desire to innovate
"The economy struggled after Fukushima. We've had to recalibrate our energy economy entirely." Ken Koyama, managing director and senior economist at Japan's Institute of Energy Economics, is speaking. We're in the Inui building in the Kachidoki region of Tokyo, where government offices dominate the landscape. It's here that the country's ministers had to decide - fast - how to bring energy back on line as disaster struck five years ago. "We had planned blackouts. Given the circumstances, we dealt with it well - but we needed an instantaneous rebuilding process." The earthquake and tsunami that hit Japan's Pacific coast on 11 March 2011 changed the country forever, leaving its energy economy
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Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
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US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
