Japan Energy Launched Diesel Deliveries To China

Japan Energy Corp. has launched shipping diesel oil to China United Petroleum Corp. under a one-year agreement.

Under the agreement, which is effective through next March, Japan Energy is to supply 140,000 kiloliters of diesel oil.

Japan Energy concluded the deal, valued at an estimated 6.5 billion yen, amid growing demand for diesel oil in China while domestic sales are on the decline