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Japex to more than double crude sales in FY 2022-23 on higher Iraq, US oil

May 13, 2022 Comments Off

Japan Petroleum Exploration Co. said May 13 it expects to more than double its equity crude oil sales to 935,000 kl or 5.88 million barrels in fiscal year 2022-23 (April-March), up from 357,000 kl in the previous fiscal year due mainly to increasing sales of Iraqi and US crude. In Iraq, the operator of the Gharraf oil field in which…