13 January 2009 12:04 [Source: ICIS news]
TOKYO (ICIS news)--Japan’s Nippon Oil Corp will permanently shut down its 60,000 bbl/day refinery in Toyama prefecture at the end of January, two months ahead of schedule, the Japanese refiner said on Tuesday.
The company had decided to move the schedule forward due to the more-than-expected decrease in domestic oil demand, it said in a statement.
Nippon Oil had earlier announced that the ?xml:namespace>
Nippon said the facilities would be converted into an oil terminal that will handle 1.5m kilolitres/year of crude oil, gasoline, kerosene, naphtha, light diesel oil and heavy fuel oil C, starting from April 2009.
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