Japan to release a few hundred thousand kilolitres of oil from reserve

24/11/2021 9:16:00 AM

Japan to release a few hundred thousand kilolitres of oil from reserve

Japan to release a few hundred thousand kilolitres of oil from reserve

TOKYO : Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country's industry minister, Koichi Hagiuda, told reporters on Wednesday. Japan's Prime Minister Fumio Kishida said earlier that his government would release so

TOKYO : Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country's industry minister, Koichi Hagiuda, told reporters on Wednesday.Japan's Prime Minister Fumio Kishida said earlier that his government would release some oil reserves, after a U.S. request, in a way that does not breach a Japanese law, which only allows stock sales if there is a risk of supply disruption.

One kilolitre is equal to 6.29 barrels of oil. Earlier the Nikkei newspaper reported that Japan will release about 4.2 million barrels of oil.(Reporting by Yuka Obayashi; Writing by Aaron Sheldrick; Editing by Jacqueline Wong)

Read more: CNA »

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Japan PM confirms oil reserve release in response to US requestTOKYO : Japan's Prime Minister Fumio Kishida said on Wednesday his government would release some oil reserves in response to a U.S. request in a way that does not breach a Japanese law that only allows stock releases if there is a risk of supply disruption.'We have been working with the United States to s

LinkedIn TOKYO : Japan will release a few hundred thousand kilolitres of oil from its national reserve, but the timing of the sale has not been made, the country's industry minister, Koichi Hagiuda, told reporters on Wednesday., as well as his appointment as Japan’s prime minister..LinkedIn Japan will allocate about 600 billion yen (US$5.

Japan's Prime Minister Fumio Kishida said earlier that his government would release some oil reserves, after a U.S. The two leaders last met in September 2019 when Mr Kishida delivered the keynote speech at the Singapore Summit, in his capacity as chairman of the Liberal Democratic Party’s policy research council. request, in a way that does not breach a Japanese law, which only allows stock sales if there is a risk of supply disruption. One kilolitre is equal to 6. “During the call, we also spoke about PM Kishida's Digital Garden City Nation Vision, and I shared our experience from our Smart Nation Singapore initiative,” Mr Lee said.29 barrels of oil.com/3r01jTF.

Earlier the Nikkei newspaper reported that Japan will release about 4. We work together in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP),” he added.2 million barrels of oil. (Reporting by Yuka Obayashi; Writing by Aaron Sheldrick; Editing by Jacqueline Wong) Source: Reuters .” Source: CNA/gs(mi).