OREANDA-NEWS. Idemitsu Kosan Co.,Ltd. announces that it has decided that total crude oil refining at its four refineries scheduled for the Japanese market from October through December 2013 will be 6.5 million KL, 96% of its production in the same period of the previous year.

Despite the current economic recovery, domestic demand for fuel products is expected to decline compared with a year earlier for various reasons including the diffusion of energy-saving vehicles.

The crude oil refining for the Japanese market from October through December has been set to meet domestic demand. Idemitsu will strive to ensure stable supplies of crude oil by taking flexible measures including revisions of refining levels in the event of any major changes in domestic demand.