Tokyo | Japan is reselling to other Asian countries more liquified natural gas than was previously known, new data reveals, sharpening scrutiny over the scale of offshore profits made from Australian energy exports, as domestic consumers face higher power prices.

In 2024, Japanese companies sold-on between 627 and 812 petajoules of LNG originally sourced from Australia – up to 1.6 times the entire annual gas consumption of eastern Australia, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).