The number will account for 96% of the company’s total production compared to the same period of the previous year.
Domestic demand for fuel products is anticipated to decrease compared with the previous year for several reasons including the diffusion of energy-saving vehicles despite the current economic recovery.
The crude oil refining for the Japanese market from October through December has been set to meet domestic demand.
Idemitsu said it 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.
Tokyo-based Idemitsu owns and operates oil platforms, refineries and produces and sells petroleum, oils and petrochemical products.
