VOL. XL

No. 32

11-August-1997

Deregulation Of Japan's Energy Market

by Ryozo Hayashi

There follows the text of a paper delivered by Mr. Ryozo Hayashi, Director Generalof the Petroleum Department in Japan's Ministry of International Trade and Industry MITI),at the Repsol-Harvard seminar in Seville, Spain, on 13 June.

Today I would like to talk about deregulation of Japan's energy market, which is one ofthe most active policy issues in Japan.

As of 31 March last year, Japan lifted import...