Japan is the world’s 40th-largest producer of natural gas and the country’s output decreased by 10% in 2022, over 2021. The country accounts for 0.04% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Japan in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.
Over the five years to 2022, production from Japan decreased by a CAGR of 10% and is expected to drop by a CAGR of 12% between 2023 and 2027.
The largest producers of natural gas in Japan are Inpex, Japan Petroleum Exploration and Kanto Natural Gas Development. Inpex was the largest producer of natural gas in 2022 with output down by 15% on 2021.
Japan Petroleum Exploration was the second-largest producer, with output down by 5%, and Kanto Natural Gas Development was third with a decrease of 3% on the previous year.
There are ten natural gas producing fields in Japan of which one are located offshore and the rest onshore. The Niigata has the majority of the natural gas fields in the country with six.
For more detailed analysis of natural gas sector in Japan, buy the report here.