East Asia’s Divergent LPG Strategies: Japan Secures Supplies as Neighbors Resell
As winter approaches, Japan is proactively securing liquefied petroleum gas (LPG) supplies to meet anticipated heating and energy demands. In contrast, neighboring countries South Korea and China are offloading surplus LPG cargoes due to differing energy requirements and market conditions. Japan’s Strategic LPG Procurement In November 2024, Japan imported approximately 801,000 metric tons of LPG, […]