Japan Considers Switch From LNG to Coal
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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.
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- huggingface-ProsusAI/finbert
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Original source
Japan is considering ramping up coal-fired power generation amid a liquefied natural gas crunch that has led to significantly higher prices. Per a proposal drafted by the economy ministry, the 50% utilization rate cap on coal-fired power plants could be removed in the new fiscal year that begins in April, Reuters reported, adding that this could reduce consumption of LNG by half a million tons annually. For context, Japan imports around 4 million tons of liquefied gas annually from the Middle East. This also happens to be the amount of LNG that…
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Original article published by OilPrice.com on March 27, 2026. Analysis and insights provided by AnalystMarkets AI.