Japan’s Hagiuda warns of electricity supply crunch this winter

Japan’s Industry Minister Koichi Hagiuda warned on Thursday, “Japan's electricity supply vs. demand this winter is expected to be the tightest in a decade.”

Additional quotes

“LNG inventory held by major utilities as of October 15 was around 2.3 mln tonnes, up 0.7 mln tonnes from a year ago.”

“On electricity supply for winter, says minimum required reserve ratio of 3% has been secured. “

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