ENEOS,Japan's largest refiner,sees its April-September fuel oil demand for power generation doubling year on year amid high LNG prices,ENEOS Holdings Chairman Tsutomu Sugimori said April 20.Amid LNG prices at"extremely high"levels,ENEOS is seeing a significant increase in its fuel oil demand in the first half of fiscal year 2022-23(April-March)as an alternative fuel for power generation,Sugimori told a press conference as the president of the Petroleum Association of Japan."We are in the midst of assessing our capability to respond to this demand in the first half,"said Sugimori.He went on to say ENEOS would not be able to meet the fuel oil demand fully,citing a 60% yearon-year increase in its fuel oil supply for power in the second half of FY 2021-22(October 2021-March 2022)."We will consider how best we can meet this [demand],"he added.
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