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Ten Year Network Development Plan 2015 |

117

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50

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bcma

2001 2002 2003 2004 2005 2006 2007 2008 2009

2011

2010

2012 2013

South Korea

Taiwan

India

China

Japan

Thailand

Other Asia Pacific

Figure 5.62:

Evolution of LNG imports in Asia Pacific. Breakdown by geographical area

2001 – 2013 (Source BP Statistical Review)

Image courtesy of DESFA

Asia Pacific

The Asia Pacific gas market has been traditionally strongly dominated by Japan

followed by South Korea, with minor consumptions in Taiwan. Despite the significant

increase (14% in 2011 and 11% in 2012) in Japanese LNG imports following the

nuclear accident in Fukushima, the weight of the country in the region was reduced

down to 50%. This was the result of the maturity of Japanese demand along with

the sustained growth in the South Korean and Taiwanese consumption (8% yearly

growth on average) and the expansion of new markets particularly China and India.