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Sakhalin-2 project

Steady1 stories1 sourcesLast updated: 6d ago

Related TopicsJapan Russia oil Sakhalin-2 sanctions energy imports Strait of Hormuz

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Japan Bought ~364,000 Barrels of Russian Oil in May

6d agoAI summary

Japan Bought ~364,000 Barrels of Russian Oil in May

Japan imported approximately 364,000 barrels of Russian oil in May, primarily linked to gas supply contracts under the Sakhalin-2 project. These purchases are exempt from G7 sanctions and price caps, with oil costing around $103 per barrel. This comes amid Middle Eastern supply disruptions.