The Japanese Government takes control of Tokyo Electric

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The announcement that the Japanese Government will take control of the country’s largest power utility, the Tokyo Electric Power Company (TEPCO), came just a few days after the last of Japan’s fifty-four nuclear units was shut-down, leaving the country without nuclear power for the first time since 1970. The two events are timely reminders that the reverberations from the Great East Japan Earthquake on March 11 visual_editor011, and the Fukushima nuclear disaster that followed will continue for many years. LNGBR looks at the background to TEPCO’s nationalisation and what it might mean for the Japan’s power sector and wider LNG market.

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