Advancing Japan’s LNG strategy: the case for physically-delivered futures
Japan has been a major player in the global LNG market for over 50 years. Historically, long-term contracts with oil-indexed pricing and fixed destination clauses ensured stable supply but limited flexibility. As global energy dynamics shift, from the war in Ukraine to supply disruptions in the Middle East, Japan is responding with a new strategy that emphasises diversification, flexibility, and decarbonisation.
Thought Leadership