NIPPON MITSUBISHI
April 1st, 2002
BY SWINEETHA DIAS WICKRAMANAYAKA
JAPAN'S Nippon Mitsubishi Oil Corp. has said that it intends to follow up its planned merger of three group refineries by expanding exports of gas oil, fuel oil and other petroleum products by 50 percent in fiscal year of 2003, the Shipping & Trade news has reported.
The company plans to export 3.5 million kilolitres of petroleum products in 2003, up from the 2.3 million projected for fiscal 2002, utilising the company's excess capacity with extra sales in China and other Asian countries.
JAPAN'S Nippon Mitsubishi Oil Corp. has said that it intends to follow up its planned merger of three group refineries by expanding exports of gas oil, fuel oil and other petroleum products by 50 percent in fiscal year of 2003, the Shipping & Trade news has reported.
The company plans to export 3.5 million kilolitres of petroleum products in 2003, up from the 2.3 million projected for fiscal 2002, utilising the company's excess capacity with extra sales in China and other Asian countries.
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