ENEOS sees April-September fuel oil demand for power doubling on year amid high LNG prices: chairman

Japan’s largest refiner ENEOS sees its April-September fuel oil demand for power generation doubling year on year amid high LNG prices, ENEOS Holdings Chairman Tsutomu Sugimori said April 20. Amid LNG prices at “extremely high” levels, ENEOS is seeing a significant increase in its fuel oil demand in the first half of fiscal year 2022-23 (April-March) as an alternative fuel…