from coal-fired and nuclear power towards LNG and renewables. Moreover, South Korea promotes the development of renewable energy to achieve 20 percent of total capacity by 2030, with target of 31,000

generate 20 percent of total capacity from renewable energy, with significant portion of solar energy and wind power to replace existing nuclear power plants, which will be decommissioned in 2025. In 2020

generation in Japan during the first 5 weeks of 2019 declined by 41%, after the country commenced the operation of 5 nuclear power plants, and opted more for the use of cleaner fuel. Refinery and Trading

, demand for Fuel Oil in the electricity production sector decreased after 2 of the nuclear power plant units in Japan during the quarter. Furthermore, Pakistan cut imports of Fuel Oil after alternating to