TOKYO, March 11 Japan's JX Nippon Oil & Energy
Corp said on Monday it has cut its crude oil refining plan for
March by 8.3 percent from its original plan to 5.66 million
kilolitres (1.15 million barrels per day) due to high
inventories amid slow domestic demand.
The volume marks a 7 percent decline from a year earlier,
and the move reflected slow kerosene sales in February due to
milder-than-normal temperatures, a company spokeswoman said.
Inventories of other oil products also remained high, she
The country's top oil refiner also raised its oil product
export plans by 30,000 kl from its initial plan to 680,000 kl
(4.3 million barrels), she added.