Global Trade Alert
Global Trade Alert

Japan: JOGMEC support for petroleum development in Timor Sea

Announcement

12 Apr 2019

On April 12, 2019, Japan Oil, Gas and Metals National Corporation (JOGMEC) announced plans to cover expenses incurred by the Inpex East Timor Offshore Oil Company in the development of offshore petroleum development in the Timor Sea. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

12 Apr 2019

Revocation date:

No revocation date

Financial assistance in foreign market In force

On April 12, 2019, Japan Oil, Gas and Metals National Corporation (JOGMEC) announced plans to provide for 50% of the expenses incurred by Inpex East Timor Offshore Oil Company, a subsidiary of the Jap...

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