VOL. XLIV

No 40

1-October-2001

SUPPLY/DEMAND

JNOCs Objectives To StayUnchanged As Restructuring Continues

MEES learnsthat the Japan National Oil Corporations (JNOCs) three main functions andgoals will remain unchanged, despite the reforms being carried out to itsorganizational and financial structure. The three objectives are: to providefinancial assistance for Japans upstream oil projects; to accumulatetechnological information; and to be responsible for Japans emergency oilstockpiling. The...