August 2007

Trends and Resources

HP In Brief: HPIn Brief

  Japan's energy diplomacy Japan's energy policy always emphasizes the country's goal to reduce its reliance on Middle East oil. "However, geog..

Weirauch, Wendy, Hydrocarbon Processing Staff

  Japan's energy diplomacy Japan's energy policy always emphasizes the country's goal to reduce its reliance on Middle East oil. "However, geography and geology conspire to make this a very difficult proposition," notes a recent analysis from FACTS Inc. Japan will likely continue relying on the Middle East in the foreseeable future, as almost 90% of total oil imports (4.2 million barrels/day) come from there. Given this situation, Japan's Prime Minister Shinzo Abe conducted a five-nation tour in the Middle East, delivering various proposals aimed at ensuring Japan's energy security through stable supplies.

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