Brief: Fuji Oil President Says Alternative Crude Supplies to Those From Iran Will Come Through Mix Of Spot And Term Contracts

Fuji Oil Co (Shinagawa)

09/05/2019 07:52

May 9 (Reuters) - Fuji Oil Co Ltd  5017.T :
    * FUJI OIL PRESIDENT SAYS HE SEES NO PROBLEM IN SECURING
CRUDE
SUPPLIES FROM OTHER SOURCES THAN IRAN AFTER U.S. SANCTIONS
    * FUJI OIL PRESIDENT SAYS ALTERNATIVE OIL SUPPLIES TO
IRANIAN
CRUDE WILL LIKELY RAISE ITS MONTHLY COSTS BY AS MUCH AS 100
MILLION YEN
    * FUJI OIL EXECUTIVE SAYS ALREADY SECURED CRUDE SUPPLIES FOR
JUNE,
MAINLY THROUGH SPOT DEALS
    * FUJI OIL PRESIDENT SAYS ALTERNATIVE CRUDE SUPPLIES WILL
COME
THROUGH MIX OF SPOT AND TERM CONTRACTS


Further company coverage:  5017.T 

 (Reporting by Yuka Obayashi; writing by Aaron Sheldrick)
 ((aaron.sheldrick@thomsonreuters.com;))