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Global Trade Alert

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Japan: Second phase of national oil reserves released to eligible domestic refiners

Description

On 15 April 2026, the Japanese government announced that it would release the second phase of national petroleum reserves under Article 31 of the Petroleum Stockpiling Act to four domestic refiners: E...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 May 2026

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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