Japan Set to Import First Crude Shipment From Russia Since May
- Imports to resume as government pushes for energy security
- Oil imports from Sakhalin needed to maintain LNG output: Japan
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Japan is set to import its first crude oil shipment from Russia in more than half a year, as the government pushes energy importers to stockpile fuel in a bid to avoid future shortages.
The Aframax Zaliv Baikal vessel is sailing to Japan after loading from the Sakhalin-2 facility in Russia’s far east on Wednesday, according to ship tracking data compiled by Bloomberg. Japan hasn’t imported a Russian oil shipment since May, shipping data show.