The world energy market is undergoing a period of great turbulence, and major challenges to global energy security are emerging. Under the current global economic crisis, the world energy demand is likely to stagnate for a couple of years ahead. But in the long run, world energy demand is...

In this analysis, we projected Japans energy demand/supply and energy-related CO2 emissions to 2050. Our analysis of various scenarios indicated that Japans CO2 emissions in 2050 could be potentially reduced by 26-58% from the current level (FY 2005) (Figure 1). These results suggest that Japan...

With booming economic growth Asia will play increasingly important role in global economic and energy matters. World primary energy consumption is projected to expand at an average annual growth rate of 2.1 percent by 2020. About 70 percent of the increase would be accounted for by non-OECD...

European countries employ different strategies on gas supply security depending on the time scale : while their short-term strategies focus on economic efficiency, long-term strategies also place more emphasis on ensuring energy security. With regard to short-term natural gas procurement...

Since the autumn of 2008, the global LNG supply/demand balance has eased substantially. Demand-side factors including the impact of the financial crisis on global natural gas consumption, and supply-side factors such as launchings of new projects and progress in unconventional natural gas...

With the alarming rate of growth in vehicle population and travel demand, the energy consumption has increased significantly contributing to the rise of GHG emissions. Therefore, the development of a viable environmentally benign technology/fuel, which minimises both global and local...

The demand for oil products in Asia, particularly in China and India, is now growing strongly. The demand is estimated to rise to 29.9 million b/d by 2015, demonstrating growth of 15% (approximately 3.9 million b/d) compared to 26 million b/d in 2009. As for supply, until 2008, Asian countries...

South Korea, which imported around 26 million tons of LNG (Liquefied Natural Gas) in 2007, is the worlds second largest LNG importing country after Japan. It has recently experienced a tight supply and demand of natural gas due to both domestic and overseas issues, such as the domestic...

In June 2008, Koreas state-owned Korea National Oil Corporation (KNOC) announced a global expansion strategy calling for a six-fold increase in oil and gas output and a five-fold increase in proven reserves by 2012. Korea, which depends almost entirely on foreign countries for oil supply, has...