Announcement
31 May 2022
In May 2022, the Ministry of Economy, Trade and Industry of Japan provided funding to oil wholesalers to mitigate oil price fluctuations.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 May 2022
Revocation date:
31 Mar 2023
Updated: 31 May 2022
State aid, unspecified
On 31 May 2022, the Ministry of Economy, Trade and Industry of Japan (METI) announced allocating JPY 1,165.5 billion (USD 9.15 billion) to the "Fuel Oil Price Fluctuation Mitigation Project". The stat...
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