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 in its previous outlook, published in December 2016. The previous figure was particularly ambitious given just three reactors were operational when it was published.
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