Japan to focus on LNG power

Japan is expected to commence operations at 14 new gas and coal-fired power plants by the end of 2014, moving its focus away from oil.

Regional power monopolies will build 12 gas-fired units in 2014, while two coal power plants are expected to be completed by end of this year, according to a Reuters survey.

The new power plants will use liquefied natural gas (LNG) and coal in an attempt to scale back on the use of crude oil and fuel oil, which are both becoming increasingly expensive source of power.

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Adapted from press release by Katie Woodward

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