JX plans 5% cut in September crude runs

摘要

Tokyo—Japan’s largest refiner JX Nippon Oil & Energy plans to cut its crude througput by 5% year on year to 4.82 million kiloliters or 1.01 million b/d in September due to the general decline in oil demand and the closure of the company’s 180,000 b/d Muroran refinery at the end of March, a company official said Thursday. The September plan translates to an average refining utilization rate of 83% of its official installed capacity of 1.212 million b/d after operations were halted at the Muroran refinery in Hokkaido, northern Japan.