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Japanese utilities slash energy needs

Tokyo: Japan's oil, natural gas and coal imports fell in October as power companies cut fuel use in response to sliding electricity demand.
Japan, the world's third-biggest oil consumer, purchased 16.21 million kiloliters or 3.29 million barrels a day of crude last month, down 18.4 percent from a year earlier, according to a preliminary finance ministry trade report released in Tokyo today. Imports of liquefied natural gas fell 13.3 percent to 4.77 million metric tons.
Imports of coal, used for power generation and steel production, decreased 3.7 percent to 14.4 million tons last month, the finance ministry said. [25/11/09]


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