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‘Japan oil needs won't hurt world demand’

Published Updated

 BEIJING: Japan's demand for oil, refined products and gas will increase in the medium term, but this will not have a significant impact on global supply and demand, Saudi Aramco CEO Khalid al-Falih told Reuters on Sunday.

Speaking on the sidelines of a forum in Bejing, Falih said that Japan would be able to meet its energy needs following its devastating earthquake through a combination of domestic industry and regional producers.

Copyright Reuters, 2011

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