Petroleum consumption for thermal power generation by
Japan’s 10 electric power companies in October soared 480% on year to 2 million
kiloliters. It was the highest level since July 2008.
Petroleum burning thermal power generation mainly
substituted the more shortage of nuclear power supply because liquefied natural
gas (LNG) consumption remained at 3.9 million tones, up 31.7% on year.
Limited increase of LNG usage boosted petroleum
consumption for power generation in October. However, slowdown of regional
industrial activities led by power saving efforts cut the total petroleum
demand in the month.
Crude oil throughput by Japanese refiners decreased
by 6.2% on year to 3.14 million bbl/d in October.
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