Japan's Inpex to develop domestic gas field amid energy cost surge

Oil company eyes commercialization by 2026 as government hopes to cut imports

20220922 INPEX

Inpex hopes its exploration of a new gas field near its existing Minami-Nagaoka site will yield enough reserves for commercialization in 2026. (Photo by Ryo Mukano)

Nikkei staff writers

TOKYO -- Japanese oil giant Inpex will begin to explore a new domestic gas field in November, a move that could pave the way to greater energy security for the resource-poor nation facing rising import costs.

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