Sunday, June 24, 2007

Japan Energy to Cut Crude Oil Processing by 3 Percent in July to September

(Bloomberg) -- Japan Energy Corp., the refining unit
of Nippon Mining Holdings Inc., will cut crude processing 3
percent in the third quarter this year as it processed more oil
in the previous quarter.

Japan Energy, the nation's sixth-biggest refiner, aims to
process 5.63 million kiloliters in July to September, spokesman
Masaki Takata said by phone today. Japan Energy refined 3 percent
more oil in the April to June period, using 4.68 million
kiloliters of oil, he said.


Read more at Bloomberg Energy News

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