Why Japanese Investment in Southeast Asian LNG is Surging

Quick Summary:

As the use of liquefied natural gas in Japan has declined, the country's major gas players have pivoted toward investments in other markets.

As domestic demand softens, Tokyo Gas and other firms that are part of this ecosystem will need to start looking further afield for opportunities, particularly overseas in fast-growing economies with ballooning energy demand like Vietnam and the Philippines.

Burning natural gas emits less carbon than coal, so if fossil fuels must be part of the energy mix for now, gas should replace coal during the transition period while more renewable capacity is added.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: James Guild

Category: Economy

Markets: United StatesBangladeshChinaHong KongIndonesiaJapanMongoliaPhilippinesVenezuelaVietnam

Topics: Coal Transition Natural Energy Japan Vietnam Million Japanese Tokyo Asia Southeast

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 10:40:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1855 words

Reading Time: 11 minutes read

Sentences: 83 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 21967255

View Article Analysis

About The Diplomat

Main Topics: Economy

Official Website: thediplomat.com

Update Frequency: 2 posts per day

Year Established: 2001

Headquarters: United States

News Last Updated: 20 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #70

Publisher Details

Frequently Asked Questions