Japan: METI announces subsidies for refined oil to tackle 'extreme price changes'

Announcement

26 Nov 2021

26 November, 2021 - The Japanese government announced a subsidy scheme to stabilise refined petroleum prices.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Dec 2021

Revocation date:

No revocation date

Price stabilisation

In November 2021, the Japanese Ministry for Economy, Trade and Industry (METI) announced it was introducing a subsidy scheme for retailers of refined oil products - i.e. automotive fuel. Retailers wil...

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