There must be many in the industry today experiencing a touch of déjà-vu. In 2007, an earthquake in Japan caused a fire and subsequent radioactive leaks at Tokyo Electric’s Kashiwazaki Kariwa nuclear reactor.
Tepco and others were ordered by Japan’s trade minister not to restart nuclear plants without undertaking a thorough safety review.
The effects reverberated round the LNG market for the next 18 months as Tepco moved swiftly to secure cargoes and crank up production from its gas-fired power plants.
In
