Economic Calendar

Thursday, July 31, 2008

Cosmo Oil Finds Oil Leak; Chiba Refinery Operation Unaffected

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By Yuji Okada

July 31 (Bloomberg) -- Cosmo Oil Co., Japan's fourth-biggest refiner, said operations at Chiba refinery in eastern Japan were not affected by a crude-oil leak into Tokyo Bay from a pipeline that connects an offshore berth and the refinery.

The company is now investigating the size of the oil leak, found this morning, spokesman Katsuhisa Maeda said by phone. The Chiba refinery has a total capacity of 240,000 barrels a day.

To contact the reporter on this story: Yuji Okada in Tokyo at yokada6@bloomberg.net


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