The growth market for LNG turned out to be on the other side of the world, in the East Asian “economic miracle”—Japan, South Korea, and Taiwan. To lower their dependence on Mideast oil for generating electricity and increase energy security, and to reduce pollution, those countries entered into complex contracts for LNG from Indonesia, Malaysia, and the sultanate of Brunei. Also, a small LNG facility in Kenai, Alaska, would intermittently ship supplies to Japan.
