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日本海事新聞ニュース Japan Maritime Daily Nov 12, 2025 (Wed)

ADIPEC Panel: Navigating Geopolitical Risk in Gas and LNG

A discussion was held on the current state and future outlook of the LNG market

　On November 4, the second day of the energy industry exhibition “ADIPEC2025 (Abu Dhabi Internationa ・・・続きはログインして下さいnext %E3%80%80On+November+4%2C+the+second+day+of+the+energy+industry+exhibition+%E2%80%9C%3Cb%3EADIPEC2025%3C%2Fb%3E+%28Abu+Dhabi+International+Petroleum+Exhibition+%26+Conference+2025%29%E2%80%9C+held+in+Abu+Dhabi%2C+the+capital+of+the+United+Arab+Emirates+%28UAE%29%2C+a+panel+discussion+was+held+on+the+theme+of+%E2%80%9CHow+geopolitics+is+reshaping+the+natural+gas+and+LNG+market.%E2%80%9C+They+discussed+issues+such+as+energy+security%2C+changes+in+trade+structure%2C+and+supply+diversification.+%3Cbr%3E%E3%80%80Panelists+included+Yumiko+Yao%2C+President+of+Tokyo+LNG+Tanker%2C+who+also+serves+as+Executive+Officer+and+Head+of+the+Raw+Materials+Department+of+the+Energy+Trading+Company+of+Tokyo+Gas%3B+Mohamed+Hamel%2C+Secretary+General+of+the+Gas+Exporting+Countries+Forum+%28GECF%29%3B+Sandeep+Kumar+Gupta%2C+Chairman+and+Managing+Director+of+GAIL+%28India%29+Limited%3B+and+Philip+Mshelbila%2C+Managing+Director+and+CEO+%28Chief+Executive+Officer%29+of+Nigeria+LNG.+%3Cbr%3E%E3%80%80The+panel+discussion+was+moderated+by+Ed+Crooks%2C+vice+chair+Americas+of+Wood+Mackenzie+in+the+UK+and+host+of+the+%E2%80%9CEnergy+Gang%E2%80%9C+podcast.+%3Cbr%3E%E3%80%80Hamel+began+his+presentation+by+looking+back+at+the+LNG+market+over+the+past+five+years%2C+sharing+that+it+has+shown+high+resilience+even+amidst+the+pandemic+and+geopolitical+crises%2C+with+demand+reaching+a+record+high+in+2024.+%3Cbr%3E%E3%80%80He+said+growth+is+expected+to+be+1.6%25+in+2025+and+1.8%25+in+2026%2C+and+new+supply+capacity+of+around+250+million+tons+is+expected+to+be+added+by+2030.+%3Cbr%3E%E3%80%80While+this+will+create+downward+pressure+on+prices%2C+it+is+also+believed+to+have+the+potential+to+stimulate+new+demand%2C+particularly+in+Asia.+He+predicts+that%2C+in+the+long+term%2C+demand+will+increase+by+32%25+by+2050%2C+due+to+the+expected+increase+in+demand+for+data+centers+due+to+the+spread+of+AI+%28artificial+intelligence%29+and+expanded+use+in+the+shipping+and+transportation+sectors.+%3Cbr%3E%E3%80%80Yao+recalled+that+after+the+Russia-Ukraine+conflict%2C+Europe+immediately+stopped+importing+Russian+gas%2C+which+was+subject+to+sanctions%2C+and+switched+to+purchasing+it+on+the+spot+market%2C+which+had+a+major+impact+on+gas+prices.+Since+then%2C+energy+facilities+have+been+developed%2C+and+inventory+levels+have+stabilized.+She+said+that+while+Europe+and+Asia+compete+for+energy+supplies%2C+they+also+complement+each+other%2C+and+stressed+the+importance+of+cooperation+for+mutual+benefit.+%3Cbr%3E%E3%80%80She+also+expressed+the+view+that+in+addition+to+diversifying+supply+sources%2C+it+will+be+important+to+strengthen+supply+and+demand+management+and+trading+power+by+flexibly+combining+long-term+and+spot+contracts.+%3Cbr%3E%E3%80%80Gupta+said+that+if+tensions+ease+and+prices+return+to+normal%2C+the+LNG+market+could+grow%2C+and+that+India%E2%80%99s+share+of+global+LNG+trade%2C+which+currently+accounts+for+about+5-6%25%2C+could+rise+to+12-13%25+in+the+future.+%3Cbr%3E%E3%80%80Mshelbila+said+buyers+who+had+moved+to+the+spot+market+were+returning+to+long-term+contracts%2C+highlighting+the+importance+of+building+resilience+to+withstand+such+changes.+He+said+Nigeria+LNG+is+currently+building+a+seventh+production+facility+that+will+expand+its+annual+production+capacity+from+22+million+tons+to+30+million+tons%2C+aiming+to+ensure+a+stable+supply+to+the+market.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E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