JAPAN'S STRATEGY TO ENHANCE OIL SUPPLY SECURITY

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JAPAN'S STRATEGY TO ENHANCE OIL SUPPLY SECURITY

Japan’s s perception on oil supply security! Japan is vulnerable to oil supply shock! Serious concern over physical shortageparticularly after the Arab oil embargo! Concerns over macro economic impactsof the higher oil prices! Over-dependence on single source ofenergy (oil) and import (Middle East)should be reduced4

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