Oil Investing News » Nippon Oil declared that Japan must shut 1 mln bpd by 2013

Nippon Oil declared that Japan must shut 1 mln bpd by 2013

June 2, 2009 @ 4:31 am In Oil Company News

Japan may be forced to shut more than a fifth of its refining capacity, at least 1 million barrels per day, in the next five years as oil demand slipped faster than expected.

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[1] here: http://www.reuters.com/article/GlobalEnergy09/idUSTRE5511VL20090602