Japan Begins Incorporating More Natural Gas in Power Sector

TOKYO, JAPAN--November 11, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--In recent years, the Japanese government has been encouraging the use of natural gas in power plants across the country to help combat global warming. Japan is a major consumer of natural gas and has more than 40 liquefied natural gas (LNG) terminals that handle up to 3 trillion cubic feet per year of LNG imports. Last year, Japan consumed at least 3.3 trillion cubic feet of natural gas, with the remaining 3 billion cubic feet produced domestically. The country's natural gas reserves have declined by 662 billion cubic feet since 2007, when they were last measured at 1.4 trillion cubic feet.

Other companies featured: Tokyo Electric Power Company Incorporated (TYO:9501), Shikoku Electric Power Company (TYO:9507), Cosmo Oil (TYO:5007), Kawasaki Heavy Industries Limited (TYO:7012)