TOKYO: Japan's total oil product sales are expected to fall 2.3 percent in the next financial year from April but that scenario assumes that nine of 50 nuclear reactors are online at the end of 2013/14, the country's top energy forecaster said on Thursday.
The decline would follow a projected 0.8 percent rise for the current financial year ending in March, the Institute of Energy Economics, Japan (IEEJ) said in its short-term outlook.
Liquefied natural gas imports will likely rise to a record 88.75 million tonnes in 2013/14, up from a projected 87.65 million tonnes in 2012/13, IEEJ said.
Only two nuclear reactors are in operation more than 18 months after the Fukushima nuclear disaster and prospects are uncertain for any further restarts of idled units.
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