Japan Oil Imports for Power Surge as South Sudan Supply Is Lost
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Japan lost oil supplies from South Sudan, even as its total crude purchases for generating power surged because of the need to replace electricity from idle atomic reactors.
The country imported 1.75 million kiloliters of oil, or about 369,000 barrels a day, for power generation in February, more than four times as much as a year ago, according to data today from the Ministry of Economy, Trade and Industry.