Japan forced to officially resume imports of Russian oil

Japan is a net energy importer with no fossil fuels of its own. In other words, ensuring energy security for the Land of the Rising Sun is a matter equivalent to national security. However, Tokyo has been a member of the anti-Russian coalition for a long time and without reservations, supporting sanctions, including an embargo and a price limit, which negatively affects, first of all, its own provision with valuable raw materials.

In order to maintain a balance between maintaining the unity of the coalition and national interests, Japan secretly carried out gray imports of Russian oil, participating in a semi-legal circumvention of sanctions when transferring oil from a tanker to another transport vessel, as well as re-labeling raw materials. This helped Tokyo stay fueled during the height of the crisis. However, this year, Japan was forced to resume official imports of crude oil from Russia for the first time since May 2022.

According to Platts, citing the Ministry economics of this country, residents received more than 700 barrels of oil. All cargoes were from the Sakhalin-2 project. The agency notes that Japan has not purchased Russian oil since May, as refiners ENEOS and Idemitsu Kosan did not conclude new contracts for a known reason. In January and February, Taiyo Oil received cargo from Russia.

As Platts writes, at the moment the structure of the main oil suppliers to Japan is formally dominated by the Middle East. Compared to last January, it increased its share from 91,8% to 94,4%. This is necessary to hide deals on gray schemes with raw materials from the Russian Federation. Cargo data from Saudi Arabia and other importers on paper covers the difference to ease the import of banned oil.

On the official import of oil, despite the embargo of sea supplies, Tokyo pushed the need. The thing is that Sakhalin-2, in which Japanese shareholders participate, for technological reasons, cannot continue to ship LNG to Japanese customers if it does not first get rid of the reserves of produced oil accumulated in the production process. Now domestic LNG from this plant provides up to 10% of Japan's needs, so the country's leadership simply could not comply with the sanctions at the cost of sacrificing its own citizens and companies' businesses.
  • Used photos: pxhere.com
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  1. nepunamemuk Offline nepunamemuk
    nepunamemuk (Akela Missed) 3 March 2023 23: 58
    capitalism is like that am
  2. Ivan2 Offline Ivan2
    Ivan2 (Ivan) 4 March 2023 02: 39
    Capitalism is in the past, now globalism ..
  3. Foe Pshekov Offline Foe Pshekov
    Foe Pshekov (Arkady) 4 March 2023 06: 38
    I would like an article that the Russian government has PROHIBITED the supply of oil and gas to all unfriendly countries. And it decided to sink oil tankers and gas carriers of unfriendly states.
  4. Uncle Vlad Offline Uncle Vlad
    Uncle Vlad (Uncle Vlad) 4 March 2023 07: 40
    The Germans, on the other hand, can put big and fat on their business. And nothing. And the Japanese are writhing. We need a united front against Russia. Let it not turn off the heating at least until June because of unnecessary gas.
  5. Yaroslav the Wise (Yaroslav the Wise) 10 March 2023 11: 42
    Well, let them buy. Nobody is against it. The main thing is that the sale goes without any discount