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Page added on January 5, 2006

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Govt to Seek Cut in Oil Dependency (Japan)

Japan will seek to cut its rate of dependence on oil as a primary energy source from the current 50 percent to 40 percent or less by 2030 in the wake of an intensifying global race to secure energy resources, sources said Thursday.

According to the sources, the Economy, Trade and Industry Ministry will shortly announce the goal as part of its new policy guidelines, the first to include numerical targets on energy resources.
The Daily Yomiuri



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