Middle East Economic Survey

VOL. XLVII

No 28

12-July-2004

SUPPLY/DEMAND

METI Energy Outlook Shows Reduced Reliance On Oil And LPG, Says FACTS

Japans Ministry of Energy, Trade and Industry (METI) expects the countrys reliance on oil and LPG to fall from 50% of primary energy supply in 2000 to 46% in 2010 and 42% in 2030, according to Honolulus FACTS Inc. In its Summary of METIs Long-Term Energy Supply and Demand Outlook for FY2010 and FY2030, published in early July, FACTS analyst Tomoko Hosoe says...