Japan's Idemitsu to cut bunker fuel supply from Chiba in late Sep

Chemical News: Japan's Idemitsu to cut bunker fuel supply from Chiba in late Sep

https://www.chemnet.com Sep 04,2013 Platts
Japanese refiner Idemitsu Kosan plans to cut bunker fuel supply from its 220,000 b/d Chiba refinery in Tokyo Bay in the second half of September due to construction at shipment facilities, a company source said Monday.

The company plans to suspend shipments from the refinery during the construction, which is set to start in mid-September. The work will be completed by the end of the month.

The source said the amount of the volume reduction was not fixed, but a trader said the volume would be cut by up to 50% out of 30,000 mt/month of typical supply.

Idemitsu can increase supply from its 120,000 b/d Tokuyama refinery in western Japan to compensate for the drop at Chiba, the source added. Tokuyama refinery typically ships about 30,000 mt/month of bunker fuel.

Supply might tighten in H2 September as a result of Idemitsu's cut, a trader said.
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