Japan's Energy Policy in Asia: Cooperation, Competition, Territorial Disputes
Article from: OGEL 4 (2005), in Special Feature: Asian Energy Law and Policy
Introduction
Japan is the fourth largest consumer of primary energy in the world despite its economy and banking sector being in deep trouble and its energy consumption in decline as a result. Japan's sectorial energy pattern and the geographic provenance of its fossil energy will therefore continue to exert a considerable influence on world energy markets, and in particular on the increasingly tighter Asian regional energy situation. Asia imports around 60 % of its oil from the Middle East, and by 2010 it will be the world's largest consumer of primary energy. China became a net ...