Japan's downstream has seen a major restructuring following the new refining law that came into force in March 2014. The law required refiners to shutdown inefficient distillation units or invest in new heavy residue crackers to ensure that at least 13% of total refining capacity can process heavy residue. Over 0.4mn b/d of refining capacity was cut from Japan as downstream operators chose to close refineries rather than invest in expensive upgrades. In Q1 2014, Japan saw refinery closures and downsizing at: JX Holdings: Muroran – 180,000b/d – Operations suspended March 2014 Idemitsu Kosan: Tokuyama – 120,000b/d – Mothballed March 2014
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机译：在2014年3月生效的新精炼法之后，日本的下游进行了重大重组。该法要求精炼厂关闭效率低下的蒸馏装置或投资新的重质渣油裂化器，以确保至少13％的总精炼能力可以处理重质原油。残留物。日本削减了超过40万桶/天的炼油能力，因为下游运营商选择关闭炼油厂，而不是投资进行昂贵的升级。 2014年第一季度，日本的炼油厂停产和裁员的规模如下：JX Holdings：室兰– 180,000b / d –运营暂停2014年3月出光兴产：德山– 120,000b / d –封存于2014年3月
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