Thursday, July 19, 2007

Nippon Oil Receives August Fuel Order From Tokyo Electric After Earthquake

(Bloomberg) -- Nippon Oil Corp., Japan's biggest
refiner, received an order to supply fuel oil in August to Tokyo
Electric Power Co. after the utility shut the world's biggest
nuclear plant following an earthquake, a company official said.

Tokyo Electric wants about 850,000 kiloliters, or about 5.3
million barrels, of low-sulfur fuel oil and low-sulfur crude oil,
such as Indonesia's Minas grade, a Nippon Oil official said,
asking not to be identified because of a company policy.


Read more at Bloomberg Energy News

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