| Outlook for 
                        the International Oil and Gas Markets
 Yoshikazu KOBAYASHI
 Senior Economist, Manager, Oil Group, Fossil Fuels & 
                        Electric Power Industry Unit
 Tetsuo MORIKAWASenior Economist, Manager, Gas Group, Oil & Gas Subunit, 
                        Fossil Fuels & Electric Power Industry Unit
 
 
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