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Japan's Idemitsu sells rare fuel oil cargo for Dec from Aichi: sources

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Japan's Idemitsu sells rare fuel oil cargo for Dec from Aichi: sources

Singapore — Japanese refiner Idemitsu Kosan has sold a 40,000-60,000 mt fuel oil cargo from its 160,000 b/d Aichi refinery for December loading in a rare move due to maintenance at secondary units, market sources said this week.

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A company official Thursday said the company does not comment on shipments of its products, but confirmed the 60,000 b/d residue desulfurizer at its Aichi refinery had been shut for planned maintenance in mid-October and was scheduled to resume operations in mid-December.

The cargo was straight-run fuel oil with maximum 2.5% sulfur content, a trader said.

Idemitsu typically does not export fuel oil, but exported high sulfur fuel oil in the first half of this year due to glitches at its 50,000 b/d residue fluid catalytic cracker and the residue desulfurizer at Aichi.

Those units were shut February 15 and restarted in June, and the company exported around two cargoes/month of HSFO during the outage, S&P Global Platts reported earlier.

--Atsuko Kawasaki,

--Edited by Wendy Wells,