Japan to Start Buying LNG for Emergency Reserve
11.07.2025 By Tank Terminals - NEWS

November 07, 2025 [Oil Price]- Japan will start buying liquefied natural gas for an emergency reserve from January next year, Reuters has reported, citing two unnamed sources from the country’s trade and industry ministry.

 

The purchases aim to boost Japan’s Strategic Buffer LNG program at a monthly rate of at least 70,000 tons, the sources told Reuters, for a total of at least 840,000 tons for 2026. Over the last two years, Japan has been buying LNG at a rate of 210,000 tons annually, the publication noted.

Japan is the world’s second-largest importer of liquefied natural gas due to its energy commodity scarcity. These imports recently came into the spotlight after the United States stepped up the pressure on Russia’s energy industry and buyers of Russian energy commodities, urging them to switch to U.S. energy instead.

Initially, Japan told Washington it would find it difficult to replace Russian gas from the Sakhalin-2 project, in which Japanese firms Mitsui and Mitsubishi hold minority stakes, saying it was crucial for the country’s energy security.

Later, however, executives from some of Japan’s biggest utilities said they believed that they would be able to find an alternative gas supply in case they were no longer able to import Russian LNG. JERA, which imports LNG from Sakhalin-2 under contracts expiring in 2026 and 2029, can tap alternative supply, and “there is a good chance that we will be able to do something” if it has to halt imports of Russian LNG, Naohiro Maekawa, an executive officer at the utility, said last month.

JERA will now buy at least one LNG cargo every month for the Strategic Buffer LNG program, the ministry sources told Reuters. If unused, the cargoes would either be used domestically or resold, the sources also said.

“Shifting to a monthly basis is not directly related to Russian energy issues, but it enables us to respond to any emergency situation,” one of the unnamed officials said.
 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +10,100 tank terminals and +6,200 production facilities worldwide.

 

Access data. Decide better. See how.

Port of Newcastle Completes Feed Studies for Green Hydrogen Project
12.05.2025 - NEWS
December 05, 2025 [Renewables Now]- Port of Newcastle has completed front-end engineering design ... Read More
CHS, Energy Partners Opening New Rail Terminal in Montana
12.05.2025 - NEWS
December 05, 2025 [LPGas Magazine]- When the temperatures drop each winter, Montana propane marke... Read More
BPGIC Begins Planning for Fujairah’s First Euro 5-Grade Gasoline Refinery
12.05.2025 - NEWS
December 05, 2025 [Global Flow Control]- Brooge Petroleum and Gas Investment Company (BPGIC), a s... Read More
Var Energi Makes Oil Discovery Near Arctic Field in Norway
12.05.2025 - NEWS
December 05, 2025 [Oil Price]- Var Energi confirmed on Thursday an oil discovery very close to ... Read More