VOL. XXXIV

NO. 5

5-NOVEMBER-1990

Supply/Demand

Japan Plans 20% Cut in Oil Dependence by 2010

Prime Minister Toshiki Kaifu's cabinet approved a long-term energy plan on 30October that will reduce Japan's dependence on oil by 20% by 2010. According tothe plan, Japan's total energy supply will increase during the next 20 yearsfrom the equivalent of 499mn kiloliters of crude oil to 657mn kiloliters. By2010, oil use will account for only 45.3% of Japan's total energy supply,compared to the current...