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Research Paper
Energy Strategy Insights - Strengthening Oil Security
Author
Ichiro Kutani
Summary
The crisis at the Strait of Hormuz is posing a particularly severe impact on oil supplies to Asia. At the “AZEC+ Online Summit on Energy Resilience” on April 15, Prime Minister Takaichi announced the launch of ...
Outline
Amid growing concerns over oil supply in Asia due to the crisis at the Strait of Hormuz, Japan has launched the “POWERR Asia Initiative” to strengthen oil security by supporting procurement, stockpiling, and infrastructure development. At the same time, challenges remain in ensuring alignment with carbon neutrality goals. While infrastructure investment is essential given that oil demand is expected to rise for the time being, excessive investment carries the risk of making assets stranded. As a solution, it is important to balance security needs with decarbonization in a realistic manner by combining the use of carbon dioxide removal technologies, including CCS, the repurposing of infrastructure for decarbonized liquid fuels, and limiting growth in oil demand.
Keyword
insights, Strait of Hormuz, oil investment, CCS, repurposing, energy conservation, carbon neutral
Media
HP (5/27/2026)
URL
https://test-eneken.mvmt.jp/en/energy_strategy_insights.html
Report PDF
https://test-eneken.mvmt.jp/data/13278.pdf
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