VOL. XXXI

NO. 51

26-SEPTEMBER-1988

GENERAL

Japan to Raise State Stockpile to 190mn Barrels

According to the chairman of the Japan National Oil Corporation, Mr.Hashimoto Toshikazu, Japan is to raise its government oil stockpile from thecurrent 170mn barrels (48 days consumption) to l90mn barrels over the next sixmonths. Speaking on 18 September to reporters in Abu Dhabi, Mr. Toshikazu saidthat "our policy is to continue with plans to increase our statestockpile" and that private companies have...