LNG

IEEJ revises up Japan’s LNG demand

The IEEJ has revised its LNG demand forecast for Japan because of the slow pace of nuclear restarts, with imports not expected to fall below 80 mtpa before FY2019 The IEEJ has revised its LNG demand forecast for Japan because of the slow pace of nuclear restarts, with imports not expected to fall below 80 mtpa before FY2019.
By Andrew Walker 11 August 2017 0 27147
Tepco’s Kashiwazaki-Kariwa nuclear power plant. (Tepco)

The slower-than-expected pace of Japan’s nuclear restarts means the country will need more LNG than previously thought, the Institute for Energy Economics, Japan (IEEJ) said late last month. However, this is unlikely to worry a country that is already long on LNG supply. 

The IEEJ’s latest forecast, Economic and Energy Outlook for Japan through FY2018, anticipates just 10 reactors being in operation by the end of March 2019. This is seven fewer than the number it expected to be operational by March 2018...