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JAPANESE daily crude oil and gas imports fell by nearly one-fifth in May compared with last year, in response to a slump in demand.
LOW TIDE: An LNG carrier leaves Yokohama City this week.
Oil product and gas demand in Japan, the world’s third largest oil importer and top consumer of liquefied natural gas, is suffering from the global economic downturn.
Japan imported 15m kilolitres, or just over 3m barrels, of crude oil...
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