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Regional Markets: Focus on Japan (2010)

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In the so-called ‘Land of the Rising Sun’ there was a distinctly overcast disposition for the country’s gas market in 2009.

Although the North Pacific Rim region was one of the few regional markets to show industrial gas growth in 2009, much of this is attributable to China – and not Japan.

In the shadow of ever-buoyant Chinese growth, in contrast Japan has endured something of an ordeal at the hands of the recession. It was only in our November issue last year that The Gas Review’s Izumi Ohe described the Japanese gas demand slump that occurred throughout much of 2009.

Ohe noted how government stimulus had begun to take effect and a newly spirited steel sector had improved oxygen consumption.

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