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July 04, 2025
 

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LNG

Workers take a break near a ship under construction at China State Shipbuilding Corp.'s Longxue Shipyard in Guangzhou, China, in November 2011.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 2, 2025
China’s shipyard dominance leads to geoeconomic risks
According to 2024 data from the Chinese government, the country ranks first worldwide in ship completions, new orders and order backlogs.
Workers build a scaffolding platform during construction at the Yamal LNG plant, operated by Novatek, in Sabetta, Russia, in August 2018.
BUSINESS
Jun 29, 2025
Russia tries again to expand LNG exports upended by sanctions
Since the 2022 invasion of Ukraine, Russian gas pipeline exports to Europe have dwindled, and shipping more fuel via seaborne LNG tankers provides an attractive revenue stream.
The government plans to spend ¥288.1 billion from its fiscal 2025 budget reserves for electricity and gas subsidies, which will help lower energy bills next month.
JAPAN
Jun 27, 2025
Household electricity bills in Japan set to fall in July due to subsidies
The nation's 10 major electricity suppliers said Friday that power bills for standard households will fall by between ¥520 and ¥691 in July from the previous month.
Tokyo Gas is in talks with at least four U.S. liquefied natural gas suppliers to secure a purchase deal, according to sources.
BUSINESS / Companies
Jun 26, 2025
Tokyo gas in talks to seal long-term U.S. LNG purchase deals
Japan’s largest gas distributor is in talks with at least four companies over supply from projects dotting the U.S. Gulf Coast, according to sources.
Japan sees liquefied natural gas as vital to energy security.
BUSINESS / Companies
Jun 20, 2025
Japan seeks gas past 2050, with AI and data centers set to lift demand
The government expects a boom in artificial intelligence, data centers and semiconductor chip-making factories to revive power demand.
Mitsubishi could announce a deal to buy the assets of Aethon Energy Management in the next couple of months, sources have said.
BUSINESS / Companies
Jun 17, 2025
Mitsubishi said to be in advanced talks on $8 billion Aethon deal
The Japanese conglomerate could announce a deal with the U.S. energy-focused investment firm in the next couple of months, according to sources.
Prime Minister Shigeru Ishiba (left) and his Canadian counterpart, Mark Carney, hold talks on Monday in Kananaskis, Canada.
JAPAN / Politics
Jun 17, 2025
Japanese and Canadian leaders agree to enhance security ties
The prime ministers confirmed that their countries will sign early an agreement to share classified information.
Jera's LNG agreements with U.S. suppliers bolster Japan’s role as the world’s second-largest LNG importer, and come as U.S. President Donald Trump is pushing to expand exports of the fuel.
BUSINESS / Companies
Jun 12, 2025
Jera touts 20-year LNG agreements with U.S. suppliers
Japan’s largest power generation company has reached agreements to buy as much as 5.5 million tons per year of liquefied natural gas from U.S. suppliers.
World Bank President Ajay Banga at the Milken Institute Global Conference in California on May 5
BUSINESS
Jun 12, 2025
World Bank to end ban on nuclear energy projects, but undecided on upstream gas
The global development bank, which lends at low rates to help countries build everything from flood barriers to railroads, decided in 2013 to stop funding nuclear power projects.
Tugboats assist a liquified natural gas tanker as it docks at a port in Yantai, China, in February. In 2021, China became the largest importer of LNG, and as of this year, China now has the most long-term LNG contracts.
ENVIRONMENT / Energy / OUR PLANET
Jun 1, 2025
China is eroding Japan's LNG dominance. How does that affect Japanese buyers?
Japanese companies have long held the leading position in the buying and trading of one of the world's key energy sources, but that era of hegemony has come to an end.
The Trans-Alaska Pipeline along the Dalton Highway near Stevens Village, Alaska
ASIA PACIFIC
May 31, 2025
Trump officials set for talks with Asia leaders on Alaska energy
Foreign officials from Japan, South Korea, Taiwan, Philippines, India and the United Arab Emirates are expected to be included in the talks.
Pipelines at Jera's thermal power station in Futtsu, Chiba Prefecture
BUSINESS / Companies
May 30, 2025
Japan’s top LNG importer will explore buying from Alaska
Jera, which is also the nation’s largest power producer, inked the nonbinding pact ahead of a summit in the U.S. state next week.
Japan may offer cooperation on shipbuilding expertise and an Alaska natural gas project as part of trade talks with the United States.
BUSINESS / Economy
May 26, 2025
Japan touts ships expertise and LNG investment, with tariff talks key
There is rising momentum in the negotiations as the U.S. tariffs threaten to drag Japan’s economy into a technical recession ahead of the Upper House election.
Mitsui O.S.K. Lines President and CEO Takeshi Hashimoto speaks during an interview in Tokyo in April.
BUSINESS
May 23, 2025
Japanese gas tanker giant sees difficulty buying Chinese vessels
Washington has issued a flurry of measures since President Donald Trump took office aimed at curbing China’s maritime dominance and reviving its own flagging shipbuilding industry.
Mitsui OSK Lines' owned and managed North Moon, North Ocean and North Light LNG vessels have been included in a new sanctions package targeting Russia's shadow fleet.
BUSINESS / Companies
May 21, 2025
Mitsui OSK assessing EU sanction impact on its LNG vessels
MOL's owned and managed North Moon, North Ocean and North Light LNG vessels were included in a new sanctions package.
A liquefied natural gas (LNG) tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in 2017.
BUSINESS
May 14, 2025
Japan under pressure from U.S. to invest in Alaska LNG pipeline
Doubts over the pipeline's profitability and viability leaves Japan's participation in the $44 billion (nearly ¥6.7 trillion) project uncertain.
Jera, the world's biggest liquefied natural gas buyer, sees U.S. President Donald Trump's pet project in Alaska one of the promising procurement sources.
BUSINESS / Companies
Apr 28, 2025
Japan’s top gas buyer mulls procuring LNG from Alaska export project
"We see Alaska as one of the promising procurement sources,” Naohiro Maekawa, an executive officer at Jera, said at a news conference on Monday.
U.S. President Donald Trump has touted the $44 billion Alaska liquefied natural gas project, which would deliver gas from the state's North Slope fields via a 1,300 kilometer pipeline for domestic use and send it to customers in Asia as LNG, bypassing the Panama Canal.
WORLD
Apr 25, 2025
U.S. expected to press Japan and South Korea for support of Alaska LNG project
The $44 billion Alaska liquefied natural gas project would send gas to customers in Asia as LNG, bypassing the Panama Canal.
Japan has started discussing specific measures to expand liquefied natural gas imports from the United States to reduce its trade surplus, as demanded by Washington.
BUSINESS
Apr 23, 2025
Japan mulls expanding imports of LNG from the U.S. for tariff negotiations
In 2024, Japan imported ¥542.6 billion of LNG from the U.S.
An LNG tanker is guided by tug boats in Cameron Parish, Louisiana, on April 14, 2022. The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules.
WORLD / Politics
Apr 21, 2025
EU explores tweaking methane rules for U.S. gas to help trade talks
The European Commission is looking at using flexibilities in how it applies the bloc's methane rules, which could benefit U.S. liquefied natural gas exporters, sources say.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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