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+--- Thread: TEPCO and Exxon energy news; the NG super-cycle in on (/showthread.php?tid=482)
- Palm - 03-08-2012
TEPCO announced that YOY it burned 24.3% more LNG and in Feb it imported 2,222,000 mt of LNG in February, up from 2,216,000 mt it imported in January.
http://www.lngworldnews.com/japan-tepco-feb-lng-use-up-24-3-percent-yoy/
And in NY at a presentation to the NYSE Exxon announced it will be spending $185 billion over the next 5 years to "develop new supplies of energy". Could be that's kicked off this rally in IOC.
http://www.lngworldnews.com/usa-exxon-plans-usd-185-billion-investment-over-five-years/