Reported about 8 hours ago
Japan's demand for liquefied natural gas (LNG) could increase by over 10% to approximately 74 million metric tons by 2040 if the growth of renewable energy is slow, according to officials from the Ministry of Economy, Trade and Industry. Last year, Japan's LNG demand fell slightly due to economic factors and the expansion of renewable energy sources. Canada is poised to enter the LNG market in Japan, presenting itself as a viable alternative supplier amid increasing competition from other countries.
Source: YAHOO