With crude oil prices remaining high, the government began a second bidding process on the 16th to release some of its national oil reserves to the market at the request of the Biden administration in the United States.
At the request of the Biden administration in the United States last November, the government decided to release several days of domestic consumption of the national oil stockpile.
When replacing the old oil in the stockpile tank with new oil, the release will be done in a way that the time of sale is advanced and the stockpile amount is temporarily reduced, and it is the second time for sale on the 16th. The bidding procedure has started.
The targets are
▽ Approximately 110,000 kiloliters at the Tomatokomaki Eastern National Petroleum Stockpiling Base in Hokkaido and ▽ Approximately 150,000 kiloliters
at the ENEOS Kiire Terminal in Kagoshima City
. It will be handed over after April 20th.
The government says that a series of sales will release hundreds of thousands of kiloliters, which is equivalent to a few days of domestic consumption, and when combined with the first bid made in December last year, the amount released will be. , It became about 360,000 kiloliters.