(Recasts story with measures by Kyushu Electric to obtain fuel supplies)
TOKYO, Jan 13 (Reuters) - Japan’s Kyushu Electric Power is buying the remainder of cargoes of liquefied natural gas (LNG) left after tankers discharge the fuel at ports around Asia as it scrambles for supplies to fuel power stations as electricity demand surges.
The unusual move by Kyushu Electric underscores the power crunch in Japan and other north Asian countries as exceptionally low temperatures grip the region, sending demand for heating and electricity prices through the roof while LNG suppliers have struggled to meet power companies’ needs.
“As an emergency measure, we have begun buying 2,000-4,000 tonnes of LNG left in tankers in Asia after discharging to secure fuel,” a Kyushu Electric spokesman told Reuters by phone on Wednesday.
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