Japanese Utility Expects Flat Lng Use In Next Fiscal Year

摘要

Japanese power utility Chubu Electric Power Co expects LNG consumption in the fiscal year (Apr-Mar) of 2009-10 to be stable at 10 million mt for the year, the same figure as 2008-09, a senior official said January 20.rn"It depends on the balance of production," Chubu's Yuji Kakimi said on the sidelines of a gas conference. "In our projection, the LNG consumption may be stable."rn"It may reach 10 million mt in the fiscal term of 2009-10...it's mostly stable compared with the previous fiscal term," he said.rnChubu is Japan's third-biggest power utility.rnKakimi was unable to say what the LNG price might be. "It's difficult for me," he said, saying it depends on the oil price."[l] hope it will be buyers' market," he added.