Japan's Oil Diversification Efforts May Face Challenges with Canadian Supply

Reported about 3 hours ago

The president of the Petroleum Association of Japan, Shunichi Kito, emphasizes the need for Japan to diversify its crude oil sources beyond the Middle East. However, he notes that importing Canadian oil may prove difficult due to its heavy characteristics. Meanwhile, Alberta is looking to invest in Japan's refining sector to reduce its dependence on the U.S. for oil exports.

Source: YAHOO

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