Japan Oil & Gas Report Q1 2014 - New Market Study Published
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, consumption appears to have hit an upper limit as gas power is running near maximum capacity, while demand for expensive oil wanes. While we expect some nuclear power will return to service, it will be a slow and gradual process leaving Japan with significant long term fuel import costs. As a result...
View full press release