Japan Petroleum Exploration (Japex) expects to require about 200,000 mt of additional LNG in fiscal year 2020-2021 (April-March), following the commercial startup of the 1.18 GW Fukushima Natural Gas Power Plant, in which it holds a 33% stake.
After the start-up of the Fukushima gas power plant, Japex said it expects to require about 1.3 million mt of LNG equivalent of gas in the fiscal year to March 31, 2021.
In parallel with the start-up of the second unit, the plant, which is located at Soma in Fukushima prefecture, Japex has installed a 230,000 kl LNG storage tank and two 75 mt/hour regasification units for power generation.
Japex started commercial operations at the plant’s second 590 MW combined cycle gas turbine on August 24, after starting up commercial operations at the first 590 MW unit on April 30.
The plant would require about 1 million mt/year of LNG for power generation once it reaches full operation, according to a Japex spokeswoman.
The other stake holders of the 1.18 GW Fukushima gas power plant are: Mitsui with 29%; Osaka Gas (20%); Mitsubishi Gas Chemical (9%); and Hokkaido Electric Power Co. (9%).
For more information visit www.japex.co.jp
