Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of the LNG plant that supplies gas to Japan, a company spokesperson told Reuters on Tuesday. “At the request of the Ministry of Economy, Trade and Industry, we have decided to take delivery of 600,000 barrels of Sakhalin Blend crude oil,” the spokesperson for Taiyo Oil said. Japan stopped importing crude oil from Russia in early 2023, but it has a special waiver from the United States – currently…
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