New Market Report: Japan Oil & Gas Report Q2 2014
Japan's consumption of imported oil and natural gas has increased as a result of nuclear power generation losses in the wake of the 2011 earthquake and tsunami. However, liquefied natural gas (LNG) consumption appears to have hit an upper limit as gas power is running near maximum capacity, while demand for expensive oil wanes. We expect some nuclear power will return to service in 2014 though it will be a slow and gradual process leaving Japan with significant long-term fuel...
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