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EIA – Japan Country Analysis Brief

Japan is the world’s largest liquefied natural gas importer, second-largest coal importer, and third-largest net importer of crude oil and oil products. Japan has limited domestic energy resources that have met less than 9% of the country’s total primary energy use since 2012, compared with about 20% before the removal of nuclear power following the Fukushima plant accident. It is the third largest oil consumer and net importer in the world behind the United States and China. Furthermore, it ranks as the world’s largest importer of liquefied natural gas (LNG) and second-largest importer of coal behind China. In light of the country’s lack of sufficient domestic hydrocarbon resources, Japanese energy companies have actively pursued participation in upstream oil and natural gas projects overseas, providing engineering, construction, financial, and project management services for energy projects around the world. Japan is one of the major exporters of energy-sector capital equipment and has a strong energy research and development (R&D) program supported by the government. This program pursues energy efficiency measures domestically to increase the country’s energy security and to reduce carbon dioxide (CO2) emissions.”

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