LNG producers and consumers reaffirm commitment to energy security and emissions reductions at key Tokyo conference

News

Group Photo 14th Lng Producer Consumer Conference

Nearly 500 senior leaders from governments and industry convened this week in Tokyo for the 14th LNG Producer-Consumer Conference (LNGPCC), co-hosted by Japan’s Ministry of Economy, Trade and Industry (METI) and the IEA.

Held under the theme “Navigating Global Uncertainty and Economic Growth,” the event focused on the evolving role of liquefied natural gas (LNG) in a world marked by rising geopolitical tensions and uncertainty about future economic prospects.

Participants highlighted LNG’s indispensable contribution to global energy security, while also recognising the need to reduce emissions across the LNG value chain to the fullest extent possible.

In his opening address, Japan’s Minister of Economy, Trade and Industry Yoji Muto emphasised the importance of LNG in addressing global uncertainties and achieving economic growth. IEA Director for Energy Markets and Security Keisuke Sadamori then delivered a keynote presentation, underlining the need for closer international cooperation and dialogue among responsible producers and consumers to ensure gas supply security and reduce LNG’s emissions footprint.

During the event, Japanese and international energy leaders, including top executives from the private sector, shared insights on market trends, investment needs and strategies for resilience.

The conference also marked the release of a new IEA report, Assessing Emissions from LNG Supply and Abatement Options, which provides a comprehensive estimate of emissions across the LNG value chain and identifies cost-effective options for mitigation. In tandem, METI, the IEA, the Japan Organization for Metals and Energy Security and other partners released a joint statement on accelerating the reduction of LNG supply chain emissions, signalling growing momentum towards transparency and accountability in this area.

Through their ongoing joint work programme, METI and the IEA will provide further analysis on other priority topics ahead of LNGPCC 2026, including gas reserve mechanisms, long-term gas demand scenarios, the deployment of technologies to reduce LNG emissions, and an assessment of lessons learned from the recent energy crisis.