Japan poised to halt new Russia energy deals, including spot oil, LNG purchases
Japan is poised to suspend signing any new Russian energy deals, including spot purchase of Russian crude oil and LNG, as part of its commitments to reduce energy supply dependency on Russia, industry sources and experts told S&P Global Commodity Insights. The move would mean that Japan is effectively suspending its spot crude and LNG purchases from Russia, with an increasing number of Japanese companies reluctant to take any spot cargoes from Russia amid fear of reputational risk, industry sources said. ENEOS, Japan’s largest refiner and a buyer of Russian ...
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