A severe heatwave in Tokyo last year was a wake-up call for an island nation that only produces 12 per cent of its energy needs domestically.
Inpex CEO Takayuki Ueda has unloaded on Australia’s worsening investment climate and warned it is endangering the global rules-based order.Shopping malls turned down the thermostats and the city’s major skyscrapers, including the iconic Tokyo Tower, dimmed their neon lights. Some officials have quietly reminded Labor that it should not forget the huge contribution that Japanese investment has made to Australia’s economy for decades.
Japanese gas giants are also looking at alternative markets to Australia. Inpex in December signed a 20-year agreement with Venture Global LNG to purchase 1 million tonnes per year of LNG from the United States.
Inpex has been exporting our gas to Japan tax free
Concern in Tokyo is increasing - great! They can start paying a windfalls profit tax, up about 78% just like Norway. If they don't like it, go elsewhere! Aussies don't care.
Hello....Qatar, Mr Putin - can we buy your gas?
It would be very helpful if listed how much Australian tax these Japanese energy companies pay.