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Japan to make a $34 bln investment in Australian gas

Japanese oil and gas producer Inpex and French energy giant Total announced on Friday a major $34 billion gas project off Australia, with most of the liquefied natural gas produced sent to energy-hungry Japan, as it is seeking for an alternative to nuclear power following the Fukushima catastrophe.

read more... 13/01/2012

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France to spend $13 billion to boost nuclear safety

While some European countries as Germany or Switzerland have decided to phase out nuclear power following the Fukushima accident, the French Autorité de Sûreté Nucléaire (ASN) concluded that there is “no objective reason” to shut down nuclear power plants in France.

read more... 09/01/2012

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Spain aging nuclear plant may stay open

According to a newspaper report released on Monday, Spain’s incoming centre-right government may allow Garona, an aging nuclear power plant, to remain operational beyond the 2013 deadline set by its predecessors, the Socialist Party. It means Spain will be out of step with countries like Germany, which already closed several nuclear plants following Fukushima’s nuclear disaster.

read more... 05/01/2012

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TEPCO seeks extra funds for Fukushima compensation

Tokyo Electric Power Company (TEPCO), which is the Fukushima power plant operator, asked the Japanese government for additional aid equivalent to 690 billion yen (£5.6 billion) in order to help meet its obligations to disaster victims.

read more... 27/12/2011

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TEPCO: Dismantling Fukushima will take about 40 years

Japan’s government announced today that it aims to decommission the tsunami-crippled Fukushima nuclear power plant in up to 40 years, adding that it will take up to 25 years to gather the nuclear fuel that was dispersed inside the reactors.

read more... 21/12/2011

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