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Japan Utilities Use Less Oil on Nuclear Restart, New Coal Units

Japan’s utilities used less crude and fuel oil in June as the operation of two nuclear reactors and new coal-fired units helped them reduce reliance on more-expensive sources.

Japan’s 10 regional power utilities consumed about 770,000 kiloliters of crude in June, down 27 percent from a year earlier, according to data released today by the Federation of Electric Power Cos. of Japan. Fuel oil usage fell 37 percent to about 744,000 kiloliters, the data shows.