Japan is going to import from Russia the first batch of oil since May

The Japanese government creates conditions for importers to accumulate fuel reserves to avoid a deficit in the future. The country has not imported crude oil from Russia for more than six months and plans to receive a shipment for the first time during this period.

Import of oil from Russia to Japan has not been carried out since May. The Aframax Zaliv Baikal ship has made a load from the Sakhalin-2 facility in the Russian Far East and is on its way to Japan. This is reported by Bloomberg.

Japan supported European countries in the decision to apply sanctions against Russia, but did not take strict measures against oil and gas. According to the statement by the Japanese government, oil imports are necessary for the stable operation of the country's economy, and the main supplier of liquefied natural gas to the Asian country is the Sakhalin-2 export project in Russia.

Russia has banned the export of oil and oil products to foreign buyers, who set the price cap, but the delivery is made after that. By the statement of Japan, the price cap will not be set for supplies from the Sakhalin-2 project.