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Economy

Japan's energy future hinges on diplomatic prowess

Boosting overseas oil rights for a stable supply requires an astute strategy

Japan's Economy, Trade and Industry Minister Hiroshige Seko, left, and UAE State Minister Sultan Ahmed al Jaber agreed on an extension of Japan's oil concessions in the country during their January meeting in Abu Dhabi.

TOKYO -- After Japan's Economy, Trade and Industry Minister Hiroshige Seko met with Sultan Ahmed al Jaber, the United Arab Emirates' state minister and CEO of Abu Dhabi National Oil, in January in the emirate, he breathed a big sigh of relief. 

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