Shell Says Japan Nuclear Accident to Support Long-Term Global Gas Demand

Oil and Gas Investing

Bloomberg reports that Royal Dutch Shell Plc (NYSE:RDS.A) announced Japan’s nuclear accident will support world natural gas demand in the longer term.

The market news is quoted as saying:

Tokyo Electric Power Co. is battling to gain control of its Fukushima Dai-Ichi plant after the March 11 earthquake, Japan’s strongest. The utility has started scheduled power outages to conserve electricity to counter a shortfall in power supply.

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