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Japan's Cosmo Oil to refine 12 pct more crude in Jan
January 16, 2014 / 7:21 AM / 4 years ago

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.

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