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    Home > Chemicals Industry > Petrochemical News > Foreign media: Japan imports Russian crude oil for the first time in more than half a year

    Foreign media: Japan imports Russian crude oil for the first time in more than half a year

    • Last Update: 2023-02-03
    • Source: Internet
    • Author: User
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    Japan will import its first crude oil
    from Russia since May, as the Japanese government urges energy importers to stock up on fuel to avoid future shortages, Bloomberg News reported on its website on December 28.
    Ship tracking data compiled by Bloomberg News shows that an oil tanker was heading to Japan
    after loading from the facilities of the "Sakhalin 2" oil and gas project in the Russian Far East on the 28th.
    Shipping data shows that Japan has not imported Russian oil
    since May.
    Although Japan, along with other Western allies, has imposed sanctions on Russia over the Russian-Ukrainian conflict, Japan has not taken strict measures
    against Russian oil and gas.
    The Japanese government has said that Russia's Sakhalin 2 oil and gas project is a key source of liquefied natural gas supplies to Japan, and that importing Russian oil is important
    to stabilize Japan's energy operations.
    The shipment comes amid Russia's ban on the export of Russian crude and refined products to foreign buyers who comply with price caps
    .
    Japan said last month that cargoes from the Sakhalin-2 project would not be subject to the price cap
    .

    Since the outbreak of the Russian-Ukrainian conflict, Japan has sharply reduced its oil imports from Russia, especially from the Sakhalin 1 oil and gas project
    , as refineries seek to diversify supplies.
    According to reports, a statement published on Sakhalin Energy Investment Co.
    's website on Dec.
    19 said that Japan's Sun Oil Co.
    Ltd.
    is the buyer
    of the latest crude oil from Russia.

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