Japanese Utilities LNG Usage Fell 7% in May

LNG usage by Japanese utilities in May fell 7 percent on year, reported news agency Reuters citing industry federation data released Friday.

Utilities used 3.99 million tons of LNG in May, a fall of 7 per cent from a year earlier, and the biggest decline since February 2013, data from the Federation of Electric Power Companies of Japan showed, Reuters said.

Japan, world's biggest importer of the fuel, has been importing record LNG in last few year as demand for the fuel continued to see strong rise due to shut down of its nuclear stations since the Fukushima disaster in 2011.

Country’s LNG imports in fiscal year 2014-2015 (Apr-Mar) hit another record with Japan importing 89.07 million mn tons of fuel, up 1.5 percent on year, Ministry of Finance's preliminary data showed.