Japan power companies use less LNG in May YoY

For illustration only (Image courtesy of Tokyo Electric Power)

Liquefied natural gas (LNG) use by Japan’s power companies decreased 7.7 percent in May year-on-year, the preliminary data from the Ministry of Economy, Trade and Industry shows.

The power companies consumed 3.57 million mt of LNG in May as compared to 3.87 million mt in the same month last year.

When compared to the month before, LNG usage by the power companies dropped 5 percent.

On the other hand, May LNG purchases by the power companies were at 4.01 million mt, up by 7.8 percent on year and down 12 percent when compared to the previous month, the data shows.

Worth mentioning, Japan’s ten independent regional electric power companies stopped publishing power output and demand numbers in April last year to ensure fair competition after the liberalisation of the retail power market.

Currently, METI’s data is the only official data available on the monthly power statistics.

 

LNG World News Staff

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