Japan's refiner/marketers continue to grapple with downstream deregulation. Anon. OGJ, 7 July 1997, 95(27), 51--56.
Consideration is given to the governments efforts to deregulate imports of refined products, after a decade of mulling energy deregulation resulted in Japan's downstream sector facing company rationalization and closure of capacity while the rest of East Asia's downstream sector is booming. Excess retail capacity, profits, slump, restructuring, foreign versus domestic players, and excess service stations are presented and discussed.