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Japan's Ministry of Industry has an extra budget of 45.9b yen to improve energy management

Published On 21 Dec 2019 10:19 AM


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Japan's Ministry of Industry has secured 45.9 billion yen (568.9 million dollars) in the country's supplemental budget for the current fiscal year as it aims to improve its energy management and protect key commodity suppliers.

The move comes as resource-poor Japan faces a rising threat of loss of supply. It imports 90% of its oil from the Middle East where geopolitical tensions are increasing, while it also competes with oth....


Tags : Japan's Ministry, liquefied natural gas, supplementary budget, investment ,
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