Yukio Edano, Japan’s Economy and Industry Minister said Monday that two nuclear reactors tentatively met government safety standards although completing the improvements might take several years. But, Japan’s Nuclear reactors are in process of paving the way for final approval for their startup soon.
China Petrochemical giant Sinopec and Australian Pacific Liquefied Natural Gas project are in talks for the acquisition deal. Sinopec has settled to increase its stake in Australian Pacific LNG project to 25 percent. This will reduce the ownership of the joint developers, Origin Energy and ConocoPhillips, to 37.5 per cent each.