Osaka G20 Summit Produces Few Results
A roundup of the most significant news stories from Japan reported in the second half of June 2019.
Tag Archives: Liquefied Natural Gas (LNG)
Abe: Inflation Target Never “Real Objective” of Abenomics
A roundup of the most significant news stories from Japan reported in the second week of June 2019.
Japanese Automakers: It’s Time to Let Hydrogen Cars Go
Despite the continued efforts of Japanese automakers, the notion that hydrogen cars are the vehicle of the future is a pipe dream.
JAXA Looks to Space for Energy Production
The loss of public faith in nuclear energy since the March 11, 2011, triple disaster has once again put the Japanese nation on the hunt for new solutions to its vast energy needs. Many voices have called for the dramatic expansion of renewable energy systems such as solar, wind, and hydro as the medium- to long-term answer to reduce the contemporary dependency on nuclear, as well as on CO2-producing forms of energy like oil and gas.
Japan to Set Up LNG Futures Market
Japan is completing steps to launch a derivatives market for Liquefied Natural Gas (LNG). While oil has long been traded in both spot and future markets, LNG remains very much the province of long-term fixed-price contracts. Japan is one of the biggest consumers, accounting for some 40% of world imports.
Japan and Canada Move Forward on Security
Canada is one of those countries whose relations with Japan seldom prompt front page news. However, in addition to sharing some key interests, certain developments may help the relationship grow tighter over the coming years. These include energy, a field where Ottawa is a major player and Tokyo is in the midst of a major overhaul. The two countries are also taking steps in security and defense cooperation.
Gazprom Tanker Breaks Through to the Pacific
The arrival of a Liquefied Natural Gas (LNG) tanker through the Arctic Ocean and into the Pacific Ocean offers hope and the chance to diversify away from the sea lanes Tokyo currently relies upon for the bulk of its energy imports.
The Cold Road to Europe
The northern sea route, linking East Asia with Europe through waters traditionally closed by ice to commercial navigation, are increasingly accessible during the Arctic summer due to global warming.
