Published by
Joseph Green,
Editor
LNG Industry,
Reuters are reporting that Japanese power companies consumed 3.72 million t of LNG for power generation in June, down 14% from a year earlier.
The drop in usage is due to a higher reliance on nuclear, coal and renewables, preliminary electricity data from the Ministry of Economy, Trade and Industry showed.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27092017/japan-power-companies-lng-use-drops-14/
Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.