OREANDA-NEWS. Idemitsu Kosan Co.,Ltd. announces that it has decided that total crude oil refining at its three refineries scheduled from July through September 2014 will be 6.85 million Kl, 97% of its production in the same period of the previous year.

Despite the gradual recovery in the domestic economy, 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 from July through September has been set based on projected 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.