Japan's use of fuel oil to generate power is set to fall over the next fiscal year to levels not seen since before the Fukushima disaster, if enough of the country's nuclear reactors are allowed back online.
Demand for low sulphur fuel oil has already dropped as Asia's largest listed power utility Tokyo Electric Power Co (Tepco) leads a switch to coal and gas to cut costs.
Further falls will push product back into an over-supplied Asia-Pacific market, hitting prices and processing margins already expected to be weak due to refinery expansions in China and the Middle East.
Japan's low sulphur fuel oil imports rose to a 39-year high of 150,600 barrels per day (bpd) in the financial year that ended last March 31, but between April and November 2013 fell about a third from the same period the previous year, according to trade ministry data.
Japan is the largest importer of fuel oil for power use in Asia, taking more than twice the volumes of the next biggest user, South Korea, according to traders.
With the Ebola outbreak swiftly spreading in West Africa, Tokyo Metropolitan Bokutoh Hospital opened to the press on Wednesday a special isolation ward for highly dangerous infectious diseases. (The Japan News)
The operator of the Fukushima Daiichi nuclear power plant has begun dismantling the cover of a reactor building to remove debris as part of preparations for removing the nuclear fuel from a spent fuel storage pool. (NHK)
In possibly a legal first, a female civil servant on Tuesday sued the government over what she calls institutional sexism at the ministry she works for, citing almost two decades of blocked promotions and pay raises. (Japan Times)
Osaka Prefectural Police on Friday arrested two male suspects for allegedly dumping a large quantity of adult video (AV) material inside a park in Nishinari Ward, reports the Sankei Shimbun (Oct. 17). (Tokyo Reporter)