Publication Laka-library:
Draft country report of Japan (1989)
| Author | NEA, IEA |
| Date | March 1989 |
| Classification | 4.21.0.00/02 (JAPAN - GENERAL) |
| Front | 
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From the publication:
I. INTRODUCTION 1. The energy situation in Japan is characterised by the lack of indigenous natural resources and a high dependence on energy imports. Japan is the largest importer of energy among IEA countries, importing 80% of its TPER and nearly all of its oil. Compared to 1973, a considerable shift away from oil has been accomplished, but the present oil share in TPER of 56% still results in a highly vulnerable energy supply structure. In 1987, 68% of oil imports came from the Middle East. The Japanese Government accordingly continues to pursue a comprehensive energy policy aimed at securing stable energy supplies and achieving a more balanced energy mix. 2. In line with the overall economic policy of "internationalisation" formulated in the Maekawa Report of 1986, which recommended structural reform in many sectors, the Government has recently made major policy decisions of opening the coal and oil products markets to more international competition. The Eighth Coal Policy Plan calls for a further reduction of uneconomic domestic coal production. Following a mid-1987 report by the Petroleum Council concerning basic issues of the petroleum industry, the Government has decided to gradually relax regulation of the industry, while at the same time taking due account of the inherent instability of international oil markets. More competition and rationalisation through mergers and marketing agreements in the distribution sector are expected as a result of the deregulation policy.
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