Japan’s refining runs will rise in the next few months as refiners lift their production to meet increased jet fuel demand, said an ENEOS company executive on Tuesday.

Jet fuel demand in the country is expected to increase 3% to 4% year-on-year, ENEOS Managing Executive Officer for Supply and Trading Yasuhiko Oshida told the APPEC conference.

Although kerosene demand is falling slightly, the demand quantity overall is good enough to keep the crude units running at high levels, he added.

Japan had earlier planned to boost jet fuel production and increase imports because of a tourism boom.
Source: Reuters (Reporting by Trixie Yap; Editing by Jamie Freed)