Free Trial

LNG: Japan to Consider Alaskan LNG: Platts

LNG

Japan is considering importing US LNG, including from Alaska, if it proves economical compared to other sources, Platts said. 

  • A Japanese government source highlighted the competitive shipping time of around eight days from Alaska. However, the feasibility of this depends on development conditions, which have historically been challenging.
  • US President Donald Trump announced talks with Japan about an Alaskan pipeline and expanding Japan's US LNG imports.
  • Japan imported 6.34 million mt of US LNG in 2024, comprising 9.6% of its total LNG imports.
  • JERA, Japan's largest power generation company, plans to diversify its LNG supply portfolio.
  • The 20m mtpa Alaska LNG project aims to link North Slope supplies to an export terminal in southern Alaska through an 800km pipeline, providing a shorter route to Asia compared to Mexico or the USGC.
  • The project faces challenges, including high costs and securing customers. Political support and market participation from Japan and other Asian markets are crucial for its success, Platts added.
157 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Japan is considering importing US LNG, including from Alaska, if it proves economical compared to other sources, Platts said. 

  • A Japanese government source highlighted the competitive shipping time of around eight days from Alaska. However, the feasibility of this depends on development conditions, which have historically been challenging.
  • US President Donald Trump announced talks with Japan about an Alaskan pipeline and expanding Japan's US LNG imports.
  • Japan imported 6.34 million mt of US LNG in 2024, comprising 9.6% of its total LNG imports.
  • JERA, Japan's largest power generation company, plans to diversify its LNG supply portfolio.
  • The 20m mtpa Alaska LNG project aims to link North Slope supplies to an export terminal in southern Alaska through an 800km pipeline, providing a shorter route to Asia compared to Mexico or the USGC.
  • The project faces challenges, including high costs and securing customers. Political support and market participation from Japan and other Asian markets are crucial for its success, Platts added.