Earthquake in Japan knocked out 20% of the country’s oil refining capacity

The February 13 earthquake has damaged parts of northern Japan, including Fukushima, which is still recovering a decade after a larger earthquake in the same area.

Refinery capacity fell 743,000 bpd, nearly 22% of Japan’s roughly 3.4 million bpd.

Japanese refiners, led by the largest corporation Eneos Corp, have shut down a fifth of the country’s crude oil refining capacity after a powerful earthquake in northeastern Japan left power outages and injured more than 150 people.

The shutdown of refineries at the world’s fourth-largest oil importer is another potential blow after the pandemic has wiped out demand for crude oil over the past year.

Refinery capacity is idle at up to 743,000 barrels per day (barrels per day), nearly 22% of Japan’s approximately 3.4 million barrels per day.

Refineries in locations from Yokohama to Sendai, near the epicenter of the 7.3 quake that struck just before midnight on Saturday, either shut down automatically or were immediately shut down for inspection.

Eneos said on Monday that it has closed its 145,000 barrels a day refinery in Sendai after a massive earthquake hit it on Saturday. The company is still conducting inspections at the refinery and does not have a restart date, according to a company spokesman.

Eneos later reported that Negishi’s 270,000 bpd refinery was also closed and had no date to resume operations.

The earthquake struck off the coast of northeastern Japan, injuring dozens of people, causing massive power outages and damaging parts of northern Japan, including Fukushima, which is still recovering a decade after a larger earthquake in the same area. …

Fuji Oil Co Ltd has closed a 143,000 barrels per day crude oil distillation unit (CDU) at its Sodegaura refinery in Chiba, east of Tokyo, after the earthquake struck on Saturday, a company spokesman said on Monday.

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