LNG

March 15 (LNGJ) - Tokyo Gas, the third-largest Japanese buyer of LNG, said February sales volumes declined by 3 percent from the year-ago period to 1.47 billion cubic metres of natural gas, the equivalent of 1.08 million tonnes of LNG. Togas operates in four supply sectors and while residential, commercial and industrial sales all fell, sales of wholesale natural gas to other city-gas firms rose 13.6 percent to 237.9 cubic metres. In the industrial sector, Togas said sale volumes totalled 553.5M cubic metres, down 7.6 percent “due to the decreased demand for power generation.”