Japan's MITI Issues Five-Year Oil Import Forecast
Japan's Ministry of International Trade and Industry (MITI) has updated itsfive-year forecast of crude oil and petroleum product imports to cover fiscal1992-1996 (April 1992-March 1996). Crude oil imports for both refining andnon-refining purposes are expected to reach 4.29mn b/d in 1992, a 3.4% increaseover the 1991 estimated total of 4.15mn b/d. Crude oil imports are projected torise to 4.41mn b/d in...
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