Tokyo-Japan’s JX Holdings is considering cut- ting its refining capacity alone or jointly with other Japanese refiners under a possible tie-up as part of its response to government regula- tions that are set to take effect in March 2017, President-elect Yukio Uchida said Monday. JX Holdings is the parent of Japan’s largest refiner JX Nippon Oil & Energy. JX Nippon Oil & Energy has an installed capacity of 1.426 million b/d, including the 115,000 b/d Osaka export refinery jointly operated with PetroChina International (Japan) as well as a Kashima 63,500 b/d condensate splitter and a 35,000 b/d Mizushima-B condensate splitter.
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