


| Japan, Kuwait Reach Oil Storage Deal |
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Japan said on Tuesday it has reached a joint oil storage deal with state-run Kuwait Petroleum Corp (KPC) to lend it 3.14 million barrels (500,000 kiloliters) of capacity for free. Under the deal, KPC can use storage tanks at refiner Eneos’ Kiire base in southern Japan of Kagoshima as an export base for eastern Asia.
Posted: 2020-12-02 06:38:00
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