Japanese LNG Expertise

With demands for natural gas increasing & limited indigenous reserves of gas in a number of Asia Pacific nations, imports of LNG (Liquefied Natural Gas) have come-up as a significant source of gas supply in this region.

The LNG industry of Japan is world's leader in LNG market. The Japanese LNG industry has been playing a major part in the expansion of world market for LNG. Japan will continue to play the leading gas consumer & importer of LNG that meets 94 percent of its own gas requirements at present. The demand for gas is estimated to rise significantly from the starting of the 2002 to 2030.

The LNG industry of Japan should provide technical support to potential Asian LNG importers like India, China, etc. These nations should seek advantage of Japan's experience & expertise in LNG business attained over the last three decades. Particularly, Japan should either participate in or introduce projects of gas & power generation in these countries of Asia. One such way is to take part in ventures to build terminals of LNG imports in Asia, while another way is to act like a foreign customer to increase demands in the nation it's operating in.

Concerning LNG market, Japanese LNG market is still accountable for around 50 percent of the world LNG market in a state where demand is rising in Atlantic areas.

To avail further information about Japan LNG Market, its growth trends & future growth potential you can read the report: "Market Research on Asian LNG Market (2007)" published by RNCOS at: http://www.rncos.com/Report/IM092.htm

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