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Osaka Gas may pull out of Marubeni Thermal Power Project

  • 9 years ago (2015-12-21)
  • David Flin
North America 1053 Nuclear 699

Osaka Gas has said that it may withdraw from a thermal power project planned with Marubeni , citing signs of nuclear restarts and increasing calls to reduce CO2 emissions from power generation.

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The Nikkei newspaper reported that Osaka Gas plans to withdraw from a $250 million power project which will use coal as fuel and is expected to start running by March 2019. Marubeni will examine the feasibility of the project while seeking a new partner.