Tokyo Electric Power Company could turn to building more LNG import infrastructure in the medium term to help bridge the energy gap following March’s earthquake.
Officials at the major LNG buyer have told industry watchers that its Tokyo Bay terminals have the capacity to increase imports by no more than 4 million tonnes per annum.
Ben Wedmore, who follows Tepco for financial firm MF Global, reckons that leaves a 4 million tpa shortfall compared with the company’s needs after the shutdown of much of its nuclear capacity.
Tepco