Japan’s Tepco to skip March LPG purchases

摘要

Tokyo—Japan’s Tokyo Electric Power Company does not plan to buy LPG for power generation in March as it expects power demand to be weaker than it was in February, a source familiar with the matter said Monday. The country’s winter power demand season typically spans December to March. In February, Tepco bought around 40,000 mt of spot LPG to meet increased demand for power generation due to the cold spell in eastern Japan, the source said.