Chubu Electric sees Japan's 2012 LNG imports at 83.4 mln tonnes
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Chubu Electric Power sees Japan's liquefied natural gas (LNG) imports at 83.4 million tonnes in 2012, up from around 78.5 million tonnes in 2011, a company executive said at an industry gathering in Singapore on Tuesday, Reuters reports.
LNG demand from Japan will likely peak in 2012, with demand decreasing due to a variety of factors including inadequate terminal capacity, the global economic outlook, electricity saving efforts, and the availability of renewable options, Norio Iwai, general manager, LNG Business, Chubu Electric Power, said.