Nippon Oil plans Jan crude refining +10 pct yr/yr

TOKYO, Dec 26 (Reuters) - Nippon Oil Corp. 5001.T plans to refine 4.85 million kilolitres of crude oil in January to meet domestic demand, up 10 percent from a year earlier, a company executive said on Wednesday.

Its December crude refining volume for domestic demand was estimated at 4.78 million kl, down 1 percent from the year-earlier period but higher than its original plan to refine 4.77 million kl in the month, Masahito Nakamura, the company’s senior vice president, told reporters.

The Nippon Oil group, including affiliates such as Nihonkai Oil, has a refining capacity of 1.217 million barrels per day, about a quarter of Japan’s total. (Reporting by Osamu Tsukimori) Reuters Messaging:; +81-3-3432-7391))