Japan Oil and Gas Tenders

Japan's oil and gas market is one of the largest in the world, with a total value of over $200 billion. The country is heavily reliant on imports for its oil and gas needs, with over 90% of its crude oil and 95% of its natural gas coming from overseas sources. The Japanese government is committed to diversifying its energy sources and reducing its reliance on fossil fuels, but oil and gas are likely to remain important components of the country's energy mix for the foreseeable future.
Key Figures
Japan's oil and gas market is worth over $200 billion.
The Japanese government spends over $50 billion on oil and gas procurement annually.
Crude oil, LNG, and refined petroleum products are the main oil and gas products procured by the Japanese government.
METI, ANRE, and JOGMEC are the top authorities for Japan oil and gas procurement.
JX Nippon Oil & Energy, ENEOS Corporation, Idemitsu Kosan, Cosmo Oil Company, and Showa Shell Sekiyu are the top winners of Japan oil and gas procurement contracts.

The Japanese government is a major purchaser of oil and gas products and services. In 2022, the government spent over $50 billion on oil and gas procurement. The government's procurement needs are met through a variety of channels, including direct procurement, competitive bidding, and long-term contracts.

The main oil and gas products and services procured by the Japanese government include:
Crude oil
Liquefied natural gas (LNG)
Refined petroleum products
Oil and gas exploration and production (E&P) services
Oil and gas pipeline transportation services
Oil and gas storage services

The top authorities for Japan oil and gas procurement are:
Ministry of Economy, Trade and Industry (METI)
Agency for Natural Resources and Energy (ANRE)
Japan Oil, Gas and Metals National Corporation (JOGMEC)

The top winners of Japan oil and gas procurement contracts in recent years include:
JX Nippon Oil & Energy
ENEOS Corporation
Idemitsu Kosan
Cosmo Oil Company
Showa Shell Sekiyu

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