..........The Japanese government which took power in late December, led by the Liberal Democratic Party, appears to be backing away from a commitment by the previous administration to phase out nuclear power. But tighter regulations following the Fukushima accident and public opposition are slowing any moves to bring nuclear plants shut down for safety checks back online.
Soaring imports of oil and gas helped push Japan's trade deficit in 2012 to 6.9 trillion yen ($75 billion). As the largest Japanese electricity company, TEPCO is especially keen to reduce costs for its fuel imports.
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