Japan's oil industry: Matching supply with demand

Yoshiki Ogawa

Energy, 1986, vol. 11, issue 4, 467-480

Abstract: Since 1979, Japan's demand for oil, especially for residual fuel oil and naphtha, has sharply declined because of conservation and shifts to alternative energy sources. Demand for lighter products, however, is expected to continue to increase until 1995. Disposal of excess capacity, changes in operating conditions, and modification of existing units have been taken as countermeasures to the changes in oil demand. New upgrading facilities will be needed. Japan's oil industry suffered from the two oil crises; to promote improved management efficiency and rationalization, it has reorganized itself into seven groups.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:11:y:1986:i:4:p:467-480

DOI: 10.1016/0360-5442(86)90136-2

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