TOKYO (AFX-ASIA) – The Ministry of Economy, Trade and Industry plans to set up obstacles to foreign takeover of a new oil exploration firm which will be created through the merger of affiliates of the Japan National Oil Corp, the Nihon Keizai Shimbun reported, without citing sources. Under the new scheme, the government will hold…
JAPAN: Government to block any foreign take-over of new quasi-government oil firm
Posted on February 11, 2003 by EnergyAsia