Country Report

Japan upstream summary

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The country relies heavily on LNG and oil imports to meet its energy needs: Japan's domestic oil and gas production makes up for around 0.3% of the country's oil supply and around 2.2% of the total gas supply in 2023. Japan was the world's largest LNG importer for 51 years until China surpassed it in 2021. Japan briefly regained the top spot in 2022, but China once again surpassed it in 2023. Japan relies heavily on the Middle East for oil and gas. It imports around 95% of its ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Geology introduction
      • Tectonic setting
      • Sedimentary Basins
      • Stratigraphy and volcanic reservoirs
    • Licensing
    • Drilling
      • Drilling activity
      • Unconventional hydrocarbons
      • Success rates
      • Future drilling plans
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Introduction
    • Oil infrastructure
    • Gas infrastructure
      • Import Pipelines
      • Transportation Tariffs
      • Rail and trucked LNG
      • Gas Storage
    • Capital costs
      • Capital expenditure by location
    • Key legislation
    • Gas Market regulations
    • Gas Sector Reforms
    • Draft of Japan's 6th Strategic Energy Plan
    • Tariffs
      • Gas Pricing
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
      • State Equity Participation
      • Indirect Taxes
      • Royalty and Other Production Taxes
    • Product Pricing
      • Liquids Pricing
      • Gas Pricing
    • Corporate (or Petroleum) Income Tax
      • Tax Rate
    • Sample Cash Flows

Tables and charts

This report includes 17 images and tables including:

  • Key facts: Table 1
  • Country Map
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Map
  • Production: Table 1
  • Production: Table 2
  • Liquids Production
  • Production: Table 3
  • Production: Table 4
  • Gas Production
  • Gas Infrastructure Map
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • GEM models
  • Costs: Table 1
  • Costs: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 11.64 MB

  • Document

    Country Overview

    XLS 497.00 KB