The , is part of the

Ministry of Economy, Trade and Industry The or METI, is a ministry of the Government of Japan. It was created by the 2001 Central Government Reform when the Ministry of International Trade and Industry (MITI) merged with agencies from other ministries related to economic activities ...

(METI). It is responsible for

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

's policies regarding energy and natural resources. Established in 1973, the

1973 oil crisis The 1973 oil crisis or first oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC), led by Saudi Arabia, proclaimed an oil embargo. The embargo was targeted at nations that had supp ...

became the agency's first challenge. The rising price of fuel oil, and a lack of indigenous supplies, led the agency to promote independent energy development and supply source diversification, in addition to the increased stockpiling of oil supplies. The agency leads Asian countries in energy-saving efforts.

External links

Agency for Natural Resources and Energy
{{Authority control Economy of Japan