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JAPAN
North Asia
Japan has a large offshore area with a very steep
shelf and a large part lies in deep waters. However, Japan’s geology,
typical of the Pacific margin, is not favourable for the preservation of
large fields and the country has struggled to produce oil to make an
impact on its huge energy import bill.
It only produces around 10,000 Bbls per day from around
150 onshore and offshore wells and it has limited petroleum potential.
Some oil and gas have been produced offshore since 1960, peaking at
around 11,000 Bbls per day and 0.47 Bcm of gas per year in 1993.
Offshore production has dropped to about half the current total.
In 2004 Japan argued that the Chunxiao gas field in the
East China Sea, being developed in China, extended into Japan’s
exclusive economic zone. Both China and Japan claim 200 nautical miles
of the East China Sea as their respective Exclusive Economic Zones.
Since the widest part of the East China Sea is 360 nautical miles, this
has led to territorial rows.
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CAPITAL
Tokyo
Population
127.5 million
Onshore area
(000's sq kms)
377.8
Offshore area
(000's sq kms)
NEW
OIL PEAK YEAR
1992
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