Japan Japan's LNG Imports Set For Long-Term Uptrend

摘要

Key View: Japan’s net LNG imports will increase from 116.0bcm in 2018 to 126.0bcm in 2027, as persistent headwinds to the government’s nuclear revival plans and slowing investment into renewables and new coal-fred generation capacity drive continued reliance on gas-fred power generation. Ambitious government-set renewables targets pose downside risk to gas’ long-term position in the power mix.