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Japan to import 2 million tons of LNG a year from Oman

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Against the backdrop of energy supply disruptions due to Russia's invasion of Ukraine, oil and gas explorer Inpex Corp also announced the same day it has signed a 20-year agreement with Venture Global LNG to purchase 1 million tons per annum of LNG from the United States, one of the world's leading LNG exporters.

the whole reason the US created the environment to start the ukraine war in the first place! The Nord stream2 coming online about 2 weeks prior to the war was no coincidence!

-7 ( +2 / -9 )

Well done J gov. Our homes and factories need the energy.

6 ( +6 / -0 )

Japan LNG imports rose to 26.7 Mt (33%) of Australian export volume, up slightly from 26.6 Mt (34%) in FY 2021

Australia is Japans largest LNG supplier by far. It is a reliable supply of top quality LNG.

Japan in 2022 has overtaken China as the largest importer of Australian LNG. No doubt China is getting a very cheap rate from Russia, helping it pay for its invasion of Ukraine.

Having a diverse supply chain is insurance to ensure supply but if any of Japans other suppliers is unable to honor supply deals, Australia has the capacity to ensure Japan does not go without.

3 ( +3 / -0 )

Oman?

I thought Qatar was the main supplier. I remember reading something to that effect and seeing pictures of the ships specifically built for that purpose between the two countries.

0 ( +0 / -0 )

Better than burning coal, not as good as using renewables.

0 ( +1 / -1 )

I thought Qatar was the main supplier. I remember reading something to that effect and seeing pictures of the ships specifically built for that purpose between the two countries.

Qatar is busy with China. They just signed a 27-year $60 billion LNG deal. (Although I hope the transaction is not done in US dollars). Buying gas and oil in anything but US dollars is the new black.

-1 ( +0 / -1 )

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