Japan’s Oil and Gas Self-Sufficiency Climbs to 15-Year High

Tokyo – Japan’s oil and natural gas self-sufficiency ratio climbed to 42.1% in fiscal year 2024, marking its highest level since 2009 and signaling incremental progress in Tokyo’s long-running effort to fortify energy security. The figure, released by Japan’s Ministry of Economy, Trade and Industry (METI), represents a 4.9 percentage-point increase from the previous fiscal […]