Topic: Ammonia Markets

Japan and Australia are intimately linked in energy trade. Australia counts energy exports as a major source of foreign exchange income and Japan, which uses nearly 4 times the primary energy as Australia, imports nearly all of it. Approximately 40% of Australia’s coal exports are bought by Japan and were worth $AUD15.4 billion in 2012-13. Over 70% of Australia’s LNG exports went to Japan in the same period and earned over $AUD12billion. Future energy supply is high on the agenda for Japan. Currently 43% of its primary energy is in the form of imported oil mostly from the Middle East.…