Takayuki Ueda

Representative Director, President & CEO, Inpex

Search every verified Takayuki Ueda interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Takayuki Ueda has discussed the energy transition and its challenges for Asian countries. In a September 2023 interview, Ueda stated that balancing the transition with energy security is important for Asian nations, noting that economic growth in the region means energy will continue to be used for a longer period. He said that every country has "various pathways" toward transition and that minimizing the cost of transition is a key issue for Asian governments, citing the example of potentially replacing coal-fired power plants with less carbon-intensive options. Ueda also said that large-emitting companies such as oil and gas firms "must be serious to decarbonize" and that cooperation between governments and industry is important to make decarbonization projects commercially viable. In a November 2020 ADIPEC Energy Dialogue, Ueda stated that oil and gas demand will continue to grow, especially in Asia, and that a lack of investment in upstream operations could create a supply bottleneck and increase prices. He described the oil and gas exploration and production (E&P) industry as a "key industry" and said Inpex would continue to focus on it as its core business while pursuing diversification into CO2 reductions, renewables, and hydrogen. He cautioned against "excessive oil views" and said the peak in oil demand would likely come sometime in the 2030s.