• CERAWeek
  • March 18 - 22, 2024
  • About

Toshiya Nakahara

JX Nippon Oil & Gas Exploration

President & Chief Executive Officer

Toshiya Nakahara is President and Chief Executive Officer of JX Nippon Oil & Gas Exploration since 2022. Toshiya has been a member of the board of ENEOS Holdings, the parent company of JX Nippon and the largest refining and marketing company in Japan. Throughout his 40 years of carrier in the energy industry, he held a variety of executive assignments at ENEOS, including Chief Financial Controller in London and New York, and Senior Vice President responsible for ENEOS Corporate Planning and ESG strategies. In April 2021, he joined JX Nippon Oil & Gas Exploration, an upstream division of ENEOS Group, as an Executive Vice President to lead the company’s energy transition journey. JX Nippon is one of the first companies to operate a commercial scale CCUS project, the Petra Nova CCUS project in Texas, and is now committed to expand its CCUS capabilities and capacities to the Asian market.

Sessions With Toshiya Nakahara

Wednesday, 8 March

  • 04:55pm - 05:35pm (CST) / 08/mar/2023 10:55 pm - 08/mar/2023 11:35 pm

    Asia: Energy transition partnerships

    Gas & LNG Energy Transition/Climate & Sustainability
    Asia Pacific is central to the global energy transition, with the region accounting for half of worldwide carbon emissions. In the S&P Global base-case outlook, the region’s share of fossil fuels in the primary energy mix is expected to fall from 84% in 2021 to 58% in 2050, contributing to a 21% decline in carbon emissions, despite a 27% growth in the overall primary energy demand in the same period. There is no doubt that Asian national energy companies will continue to play an increasingly significant role in the energy transition. The oil & gas industry has managed the risks/rewards of partnerships over the last 100 years. Can this experience help reimagine future energy transition partnerships? What’s required to accelerate green project collaboration and development of carbon management hubs? How will the upfront investments in decarbonization get the required capital and technology support to scale? Other concerns include costs, drivers for local and regional policy, and providing affordable energy access in a region with increasing energy imports and significant cultural and geographical diversity. How will Asian companies embrace the transition while balancing national mandates and corporate goals?