Japan’s Finance Minister will allocate 10.1 billion yen (US$970 million) in the fiscal 2005 budget to build a ship for gas exploration in the East China Sea, where Japan and China are embroiled in a territorial dispute, according to the Japan Times newspaper. The move is seen as retaliation against what Japan says is…
JAPAN: Finance ministry allocates 10.1 billion yen to build vessel for gas exploration in East China
Posted on December 31, 2004 by EnergyAsia