Platts: Japan's Power Utilities' 2014-15 LNG Use Rise to Record 56.6 mil mt

The use of LNG by 10 major Japanese electricity utilities hit a record 56.6 million mt in the fiscal year ended March 31, up 0.9% from a year ago, in the absence of nuclear output for a whole year for the first time since 1966, the Federation of Electric Power Companies of Japan said Monday, April 13.

Their consumption of coal slipped 0.1% from a year earlier to 59.9 million mt but was still the second highest annually.

The power utilities used 278,706 b/d of crude/fuel oil in fiscal 2014-2015, April to March, down 33.3% from a year earlier.

The electricity generated from thermal power plants by the key utilities was 649,227 GWh for the year, down 3.5% from a year ago and the fourth consecutive year-on-year fall, the FEPC said. MORE