Japanese energy policy focuses on supply security

02/28/2005
Japan is working on several fronts to enhance energy security and reduce the country's reliance on oil from the Middle East.But that dependency is unlikely to change much anytime soon, said analyst Tomoko Hosoe in a January report by Fesharaki Associates Consulting & Technical Services Inc. (FACTS Inc.), Honolulu.Japan is trying to strengthen its nuclear power infrastructure and to import more LNG and has developed a petroleum stockpile system, initiated an environment tax, and is working toward importing oil from Russia and Iran as alternative sources of oil supply.It also is making upstream investments overseas, reestablishing a relationship with Middle East oil exporters, and helpi...
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