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Japan May Face Naphtha Shortages by Late June, Former Trading House Chief Warns; Middle East Supply of 15M Kiloliters Gone

GateNews

2026-05-25 09:00:02

According to Fumiya Kokubu, former president of Marubeni Corporation and visiting researcher at Japan Institute of Energy Economics, Japan may face shortages of naphtha-derived chemical products as early as late June. Kokubu noted Monday that replacing Japan's annual 15 million kiloliters of naphtha imports from the Middle East—disrupted by regional conflict—is "nearly impossible." He stated that a massive supply source has disappeared, and while the U.S. has become an alternative source, large-scale naphtha procurement from America remains "unrealistic." The shortage assessment contrasts sharply with Japan's government position that supplies can be sustained until next year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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