demand for oil products in Asia, especially China, said Fitch Ratings. At the same time, Japan’s oil demand has hardly grown and is forecast to decline with its tight environmental restrictions, ageing population and weak economy. Japanese refineries are located within easy reach of Asia’s markets and are also capable of producing products well within…
JAPAN: Refineries could have export role amid rising Asian demand
Posted on November 25, 2007 by EnergyAsia