Japan's Cosmo Oil to refine 12 pct more crude in Jan
TOKYO Jan 16 (Reuters) - Japanese refiner Cosmo Oil Co said on Thursday it planned to refine 12 percent more crude oil in January from a year earlier as its main Chiba refinery, which was shut a year ago, is in operation this month.
The company would refine 422,000 barrels per day (bpd) of crude oil in January, a company spokesman said. The company added that sluggish domestic demand had prompted it to trim its initial refining plan by 9 percent.
The Tokyo-based firm operates three refineries in Japan with total crude refining capacity of 495,000 bpd. It has no plans for refinery maintenance in January-March, the spokesman added.