Core Insights - Japanese companies have significant financial interests in Australia's liquefied natural gas (LNG) sector, with nearly $70 billion invested in 13 projects, highlighting a strong link between Japanese corporate interests and Australia's gas export economy [1][2] Investment and Economic Impact - The scale of Japanese investment in Australian LNG projects is substantial, with firms like INPEX, JERA, and Mitsubishi Corporation holding a combined equity stake of approximately $70 billion [1][2] - Australia is a key gas supplier to Japan, which has been criticized for reselling Australian gas to other markets, raising concerns about domestic supply adequacy [3][10] Gas Reselling and Consumption - Estimates indicate that Japanese companies onsold between 600 to 800 petajoules of Australian gas to other Asian markets in 2024, which is comparable to the annual domestic gas consumption in eastern Australia [4] Lobbying and Political Engagement - There have been at least 24 meetings between Japanese companies and Australian officials since the Labor government took power in 2022, suggesting a proactive approach to influence policy [5] - The report indicates that these meetings are likely just a fraction of the total interactions, emphasizing the need for greater transparency in government dealings [5] Climate Goals and Industry Tactics - InfluenceMap identifies four tactics used to expand the fossil fuel industry: investment, lobbying, government influence, and narrative control [4] - Common narratives framing gas as a "transition fuel" are challenged by scientific evidence, which suggests that continued investment in LNG could hinder decarbonization efforts [6][7][8] Industry Statements - Industry representatives assert that Australian LNG is crucial for Japan's energy security and contributes to job creation and revenue in Australia [11][12] - INPEX emphasizes its commitment to supporting energy security in the Indo-Pacific while aiming for net-zero emissions by 2050, as outlined in its strategic roadmap [12]