Tag: Japan
EIA forecasts growth in world nuclear electricity capacity, led by non-OECD countries
United States operates world’s largest nuclear fleet with 99 reactors The U.S. Energy Information Administration projects global nuclear capacity will grow at an average annual rate of 1.6 per cent from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world […]
Almost 40% of global liquefied natural gas trade moves through the South China Sea
LNG importers with largest volumes passing through South China Sea are Japan, South Korea, China, and Taiwan The South China Sea is a major route for liquefied natural gas (LNG) trade, and in 2016, almost 40 per cent of global LNG trade, or about 4.7 trillion cubic feet (Tcf), passed through the South China Sea, […]
Brighter global economic outlook after Trump, EU “far right” election fears ease – Conference Board
Low oil prices one reason why world economic growth expected to be 2.9% in 2017 Following a tepid increase of 2.5 per cent in 2016, growth in the world economy will pick up this year, with real GDP forecast to rise by 2.9 per cent, according to The Conference Board of Canada’s World Outlook: Summer 2017. […]
Japan pays high fee for first US shale cargoes in January
Japan paid nearly double for US shale over other suppliers By Aaron Sheldrick and Osamu Tsukimori TOKYO, Feb 24 (Reuters) – Japan in January paid nearly twice as much for liquefied natural gas (LNG) derived from US shale gas as it did for its cheapest imports, official trade data showed on Friday. Shale gas from the […]
Oversupplied Japanese LNG players to sell off excess volumes
Japanese utilities overbought LNG in anticipation of cold winter By Oleg Vukmanovic MILAN, Jan 27 (Reuters) – Asian spot LNG prices extended losses this week as oversupplied Japanese utilities sought to offload cargoes and as key European gas benchmarks softened. Asian prices for LNG delivery in March fell 25 cents to about $7.75 per million […]
OPEC production cut could hit LNG market if prices keep rallying
LNG market may see upswing in prices if crude price rises By Aaron Sheldrick TOKYO, Dec 2 (Reuters) – The oil output cut announced by OPEC could impact the LNG market, if crude oil prices keep rallying, a senior executive from Japan’s JERA Co, the world’s biggest buyer of the fuel, told Reuters. Big LNG […]
Japan seeks up to 31,000 T of LPG for national reserves
Japanese government looking to increase LPG stockpiles TOKYO, Nov 4 (Reuters) – State-run Japan Oil, Gas and Metals National Corp (JOGMEC) on Friday issued a tender to buy liquefied petroleum gas (LPG) for storage in its national reserves. JOGMEC is seeking 30,000 to 31,000 tonnes of propane for a stockpiling base in Namikata in western […]
Japan boosting firepower to buy global energy assets
Some global energy assets snapped up by resource-hungry Asian countries By Yuka Obayashi TOKYO, Sept 23 (Reuters) – Japan plans to rush through a bill to provide more financial muscle for its companies to compete for global energy assets, just as other resource-hungry Asian economies such as China and India are also looking to snap up […]
Japan PM adviser says no gov’t plan to invest in Saudi Aramco
Saudi Aramco IPO could be valued at $4 trillion TOKYO, Sept 16 (Reuters) – Japan’s government has no plan to invest in state-run oil firm Saudi Aramco’s planned initial public offering, an adviser to Japanese Prime Minister Shinzo Abe said on Friday. But Yasutoshi Nishimura, State Minister of Cabinet Office, said in an interview that […]
3 1/2 years after Fukushima, 3 of Japan’s 54 nuclear reactors are operating
Opposition to reactor restarts includes concerns about seismic risks, adequacy of NRA regulations, and evacuation plans Since the accident at Fukushima Daiichi in March 2011 and the subsequent shutdown of nuclear reactors in Japan, five reactors have received approval to restart operations under the new safety standards imposed by Japan’s Nuclear Regulation Authority (NRA). Only three […]
Connect
Connect with us on the following social media platforms.