COUNTRY OVERVIEW 
  Chief of State: Emperor Akihito (since 1/7/89) 
  Prime Minister: Junichiro Koizumi (since 4/24/01) 
  Population (2001E): 126.8 million 
  Location/Size: Eastern Asia - island chain between the North Pacific
  Ocean and the Sea of Japan/145,882 square miles (slightly smaller than California) 
  Major Cities: Tokyo (capital), Osaka (Kansai), Nagoya, Fukuoka/Kitakyushu,
  Sapporo 
  Languages: Japanese 
  Ethnic Groups: Japanese (99.4%) 
  Religion: Shinto and Buddhist (84%), other (16%) 
  Defense (8/98): Army (151,800), Navy (43,800), Air Force (45,600), U.S.
  Forces in Japan (39,100) 
ECONOMIC OVERVIEW
  Currency: Yen 
  Exchange Rate (4/11/01): US$1 =130.8 Yen 
  Gross Domestic Product (GDP, at market exchange rate) (2001E): $4.1
  trillion (2002F): $3.8 trillion 
  Real GDP Growth Rate (2001E): -0.4% (2002F): -1.1% 
  Inflation Rate (consumer prices)(2001E): -0.6% (2002F): -0.4% 
  Current Account Balance (2001E): $70.6 billion 
  Major Trading Partners: United States, Germany, Asian NIEs, China, OPEC 
  Merchandise Exports (2001E): $364.6 billion 
  Merchandise Imports (2001E): $300.7 billion 
  Merchandise Trade Surplus (2001E): $63.9 billion 
  Major Export Products: Machinery and transport equipment; chemical and
  other manufactured goods 
  Major Import Products: Chemical and other manufactured goods; machinery
and transport equipment; mineral fuels; foodstuffs; crude material 
ENERGY OVERVIEW 
  Proven Oil Reserves (1/1/02E): 59 million barrels 
  Oil Production (January 2002E): 73,620 barrels per day (bbl/d), of which
  6,000 bbl/d is crude oil 
  Oil Consumption (2002E): 5.4 million bbl/d 
  Net Oil Imports (2002E): 5.3 million bbl/d 
  Crude Oil Refining Capacity (1/1/02E): 4.8 million bbl/d 
  Major Crude Oil Import Sources (2002E): United Arab Emirates, Saudi
  Arabia, Kuwait, Iran, Qatar, Indonesia 
  Natural Gas Reserves (1/1/02E): 1.4 trillion cubic feet (Tcf) 
  Natural Gas Production (1999E): 0.08 Tcf 
  Net Natural Gas Consumption (1999E): 2.64 Tcf 
  Natural Gas Imports (1999E): 2.58 Tcf 
  Coal Reserves (12/31/96E): 865 million short tons (Mmst) 
  Coal Production (1999E): 4.1 million short tons (Mmst) 
  Coal Consumption (1999E): 149.5 Mmst 
  Net Coal Imports (1999E): 145.4 Mmst 
  Electric Generation Capacity (1/1/99E): 226 gigawatts 
  Electricity Production (1999E): 1,018 billion kilowatthours 
ENVIRONMENTAL OVERVIEW 
  Minister of Agriculture, Forestry, & Fisheries: Tokuichiro Tamazawa 
  Director General Environment Agency: Kayoko Shimizu 
  Total Energy Consumption (1999E): 21.7 quadrillion Btu* (5.7% of world
  total energy consumption) 
  Energy-Related Carbon Emissions (1999E): 306.6 million metric tons of
  carbon (4.9% of world total carbon emissions) 
  Per Capita Energy Consumption (1999E): 171.6 million Btu (vs U.S. value
  of 355.8 million Btu) 
  Per Capita Carbon Emissions (1999E): 2.4 metric tons of carbon (vs U.S.
  value of 5.5 metric tons of carbon) 
  Energy Intensity (1999E): 6,523 Btu/ $1990 (vs U.S. value of 12,638
  Btu/ $1990)** 
  Carbon Intensity (1999E): 0.09 metric tons of carbon/thousand $1990
  (vs U.S. value of 0.19 metric tons/thousand $1990)** 
  Sectoral Share of Energy Consumption (1998E): Industrial (50.5%), Transportation
  (19.3%), Residential (15.8%), Commercial (14.4%) 
  Sectoral Share of Carbon Emissions (1998E): Industrial (50.1%), Transportation
  (25.1%), Residential (13.2%), Commercial (11.6%) 
  Fuel Share of Energy Consumption (1999E): Oil (52.1%), Coal (15.3%),
  Natural Gas (12.7%) 
  Fuel Share of Carbon Emissions (1999E): Oil (60.4%), Coal (26.6%), Natural
  Gas (13.0%) 
  Renewable Energy Consumption (1998E): 1,342 trillion Btu* (1% increase
  from 1997) 
  Number of People per Motor Vehicle (1998): 1.8 (vs U.S. value of 1.3) 
  Status in Climate Change Negotiations: Annex I country under the United
  Nations Framework Convention on Climate Change (ratified May 28th, 1993). Under
  the negotiated Kyoto Protocol (signed on April 28th, 1998, but not yet ratified),
  Japan has agreed to reduce greenhouse gases 6% below 1990 levels by the 2008-2012
  commitment period. 
  Major Environmental Issues: Air pollution from power plant emissions
  results in acid rain; acidification of lakes and reservoirs degrading water
  quality and threatening aquatic life; Japan is one of the largest consumers
  of fish and tropical timber, contributing to the depletion of these resources
  in Asia and elsewhere. 
  Major International Environmental Agreements: A party to the Antarctic-Environmental
  Protocol, Antarctic Treaty, Biodiversity, Climate Change, Desertification,
  Endangered Species, Environmental Modification, Hazardous Wastes, Law of the
  Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution,
  Tropical Timber 83, Tropical Timber 94, Wetlands and Whaling. 
* The total energy consumption statistic includes petroleum,
    dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood
    and waste electric power. The renewable energy consumption statistic is based
    on International Energy Agency (IEA) data and includes hydropower, solar,
    wind, tide, geothermal, solid biomass and animal products, biomass gas and
    liquids, industrial and municipal wastes. Sectoral shares of energy consumption
    and carbon emissions are also based on IEA data. 
  **GDP based on EIA International Energy Annual 1999 
ENERGY INDUSTRIES
  Organizations: Electric Power Development Co. (EPDC) - a quasi-governmental
  wholesale power company established in 1952 to help secure stable supplies
  of electricity. EPDC is scheduled for privatization within the next 5 years.
  Power Reactor and Nuclear Fuel Development Corp. (PNC, or Donen) -- the government
  nuclear oversight organization; Japan National Oil Company -- government owned 
  Major Oil Companies: Arabian Oil (Tokyo), Cosmo Oil, Tonen General Sekiyu,
  Indonesia Petroleum Ltd., Itochu, Japan Energy, Japan National Oil Corp. (JNOC),
  Japan Petroleum Exploration., Mitsui Oil Exploration, Nippon Mitsubishi Oil,
  Showa Shell Sekiyu, Sodeco, Sumitomo, Teikoku Oil 
  Major Electric Power Companies: Chubu Electric, Chugoku Electric, Hokkaido
  Electric, Hokuriku Electric, Japan Atomic Power, Kansai Electric, Kyushu Electric,
  PNC, Shikoku Electric, Tohoku Electric, Tokyo Electric 
  Major Refineries (capacity, bbl/d): Negishi (365,750), Ichihara -- Chiba
  (228,000), Mizushima (190,000), Cosmo -- Chiba (228,000), Showa Yokkaichi (222,000),
  Tonen Kawasaki (292,950) 
  Pipelines: Crude oil 52 miles; petroleum products 200 miles; natural
  gas 1,116 miles 
Sources for this report include: Coal Week International; Dow Jones News wire service; Economist Intelligence Unit ViewsWire; Electric Utility Week International; Kyodo News Service; Nikkei Shimbun; Oil and Gas Journal; Petroleum Economist; Petroleum Intelligence Weekly; U.S. Energy Information Administration; WEFA Asia Economic Outlook; World Gas Intelligence.