"Japan Oil & Gas Report Q4 2014" Published
New legislation intended to streamline the refining sector saw around 400,000 barrels per day ( b/d ) of Japan's refining capacity taken offline. We forecast weak refined product demand to offer limited future prospects for the sector. We forecast the first nuclear power plants to return to the Japanese grid before the end of 2014, reducing the need for fossil fuel imports. The mild summer has also tempered LNG demand and softened import costs. That said, we expect liquefied natural...
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