Related Articles
Interview
Forward article link
Share PDF with colleagues

Inpex spends on upstream and LNG to shore up supply security

Japanese energy player Inpex is keeping an eye on the future as it invests in foreign upstream developments, chief executive Toshiaki Kitamura tells Kwok W Wan in an exclusive interview

After last year’s Fukushima Daiichi nuclear disaster, Japan needs gas. And Japanese energy firm Inpex firmly believes that investing in overseas upstream and liquefied natural gas (LNG) projects is vital to not only diversify the country’s import sources, but to ensure security of supply.Japanese LNG imports hit a record high of 78.5 million tonnes last year, after the country started using gas-fired generators to offset the shutdown of its nuclear power plants. In May this year, all 54 reactors were offline. And, without any indication of when they will be brought back into operation, imports for 2012 could set new record highs. “As a result of the Fukushima incident, the most serious issue

Also in this section
Sowing the seeds in Africa
9 January 2018
The AFC is committed to providing financial support for energy infrastructure development across the continent in a difficult investment climate
Oil companies dig deep
5 January 2018
With an eye on shareholders' returns, oil companies are reining in costs and increasing internally generated cash flows
Oil firms back in the black
5 January 2018
Investors want to see oil companies striving for value rather than volume in the year ahead