Japan will continue releasing its oil reserves held by the private sector for another 30 days through Nov. 5 in order to help easy tense global oil supply, the government said Friday. Japan announced its 30-day oil-releasing plan on Sept. 6. Since then, it has released 7.3 million barrels, Economy, Trade and Industry Minister Shoichi Nakagawa said. Nakagawa said Japan will go on with the policy of lowering minimum stockpile levels among private sector oil companies by three days to meet demand for 67 days. The International Energy Agency announced in early September its 26 members will release a total of 2 million barrels from their strategic oil reserves per day for the initial period of 30 days, after the hurricane severely damaged oil production facilities along the US Gulf Coast.
Source: xinhua
- CBCSD and Members Participated and Suggested on the Project for Technical Regulation on Low-carbon Pilot Community
- CBCSD and Members Participated in the APEC Cooperation Network Construction Forum of Green Supply Chain
- Calculation Method of CO2 Emissions in Petroleum and Natural Gas Exploitation Enterprises & Calculation Method of CO2 Emissions in Water Network of Chemical Enterprises
- CBCSD Attended the Workshop for Environmental Protection and Sustainable Development and Delivered Introductions
- WBCSD: Tackling the Challenge, How to Make Informed Choices on Forest Product?
- The National New-Type Urbanization Plan Released, Board Members of CBCSD Help the Sustainable Development of Cities
- Board members of CBCSD Actively Participated in the Carbon Trading and International Climate Change Process
- Two industrial Standards Compiled by CBCSD Passed Examination
- Widespread Use of the Achievements Businesses Energy Saving and Greenhouse Gas Management
- CBCSD held Chemical industry enterprise value chain (range 3) greenhouse gas emissions, accounting and reporting guidelines
