A new study released by the World Energy Council says lower oil prices and weakened Asian demand has resulted in the virtual disappearance of the price spread between the Japanese LNG and UK markets in 2016. Additionally, it notes that US prices remain depressed due to the continued build-up of domestic supplies.
West Energy Solution will start to sell on February 12th a solar power generation system on Yafuoku!, Japan’s largest Internet auction site run by Yahoo Japan Corporation.
Xu Dazhe, Chairman of the China Atomic Energy Authority , said that China will be increasing nuclear cooperation with Iran with a view towards economic gains.
In 2015, China’s electric power generation fell for the first time since 1968, as the country’s economic slowdown hit major industrial consumers, according to official data. China generated 5,628 TWh of power in 2015, down 0.2 per cent from the previous year, according to data from China’s National Bureau of Statistics .
Issei Nishikawa, Governor of Fukui prefecture, will give his consent for the restart of reactors 3 and 4 at Kansai Electric Power Company ’s (Kepco’s) Takahama plant, as the Japanese Government seeks to bring more reactors online. The Governor’s consent is necessary to restart the reactors.
Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of the China National Petroleum Corporation ( CNPC ) have signed an agreement to design and construct the cross-border section of the Power of Siberia gas pipeline, including its submerged crossing under the Amur River.