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April 19, 2016

Japan has a minimum 150 day crude oil supply in storage


Gasoline prices Japan Copyright 2007
Picture: Gasoline prices Japan 




"Countries including Japan and the US have a mandated 150-day minimum fuel supply in storage and more when crude oil stocks are considered."



Source: Doubts over Australia's fuel security as bureaucrats admit not knowing reserves 
By Heath Aston February 6, 2015 
The AGE Newspaper 
http://www.theage.com.au/federal-politics/political-news/doubts-over-australias-fuel-security-as-bureaucrats-admit-not-knowing-reserves-20150205-1366vq.html

April 17, 2016

"Japanese-funded Inpex Ichthys project in Darwin likely cost around $40 billion"

"The Japanese-funded Inpex Ichthys project in Darwin will likely cost around $40 billion"




Source: Learning the lessons of LNG
Editorial and Opinion
Australian Financial Review
Tuesday 12th April 2016, page 38




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