Eneos sees COVID-19 cutting its key fuel sales by 3% in H2, vs 8% H1 drop

TOKYO, Nov 11 (Reuters) - Japan oil and metals giant Eneos Holdings expects the COVID-19 pandemic to cut its key fuel sales by 3% in October-March of the current financial year, less than the 8% reduction on year in the first half, an executive said on Wednesday.

The recent decision to buy stakes in its Caserones copper mine in Chile from its partners does not mean any changes in its metal strategy to reinforce mid- and down-stream operations, Soichiro Tanaka, Eneos’ senior vice president, told a news conference.

“In general, it is possible to seek a new partner for the project, but there is no immediate plan like that,” he said. (Reporting by Yuka Obayashi; Editing by Muralikumar Anantharaman)

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