Supplies more than tripled last month Tokyo significantly increased purchases of liquefied natural gas (LNG) from Russia in August, according to trade statistics released by the Japanese Finance Ministry this week. According to the data, Russian LNG supplies to Japan grew by 211.2% in quantity compared to August 2021. In terms of value, imports of Russian LNG soared by more than 380%. In contrast, purchases of Russian oil in August dropped by 20.3% year-on-year in terms of quantity and by 54.1% with regard to value. Japan also bought less Russian coal (32.6% drop), but the cost was 120% more than last year. Japan’
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