Middle East Economic Survey

VOL. XLIX

No 12

20-March-2006

SUPPLY/DEMAND/GENERAL

Japans Revised Energy Policy Will Favor Reduced Oil Dependence, Says FACTS

Japans Ministry of Economy, Trade and Industry (METI) is expected to complete revisions to its long-term energy policy by June 2006, and Honolulus FACTS Inc predicts that the new policy will retain an emphasis on reduced dependence on oil, while pursuing increased use of nuclear power, and expanded exploration and development of oil by Japanese...