Japan cuts oil imports from Russia by 80.5% in fiscal 2022 05:59

In the 2022 fiscal year, which started on April 1, 2022 and ended on March 31, 2023, Japan reduced its oil imports from Russia by 80.5%. It has been reported TASSIt refers to the trade statistics of the Ministry of Finance of Japan.

At the same time, Japan reduced its imports of liquefied natural gas (LNG) from the Russian Federation by 6.2% during this period, and Russian coal – by 55.2%, according to the agency.

Previously, the World, citing expert opinion, due to the fact that by the end of 2023 a barrel of oil could jump to $ 100, suffer the most economies of Japan, India, Germany and France, which are heavily dependent on oil resources.

Prior to that, The Wall Street Journal citing sources, Japan’s violates The principle of the “ceiling” of Russian oil prices, set by the G7 countries. According to the publication, this was made possible by obtaining a suitable exemption for their companies from the United States.

The current level of marginal prices for the purchase of Russian oil is $60 per barrel.



Source: Gazeta

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