Japan's May LNG Imports Surge 15 Percent on Demand From Power Producers

(Bloomberg) -- Japan, the world's biggest buyer of
liquefied natural gas, increased imports of the fuel for a second
month in May as electricity producers turned to LNG to make up
for shutdowns at some nuclear power plants.

Shipments jumped 15 percent from a year earlier to 6.03
million metric tons of LNG last month, the Ministry of Finance
said in a statement in Tokyo today. Crude oil imports fell 3.9
percent to 17.5 million kiloliters (110.1 million barrels),
reflecting the nation's declining demand for petroleum products.


Read more at Bloomberg Energy News