Japan interested in increasing oil, gas imports from Russia - official

Russia's role in supplies of energy resources to Japan should be more significant, the head of the natural resources and fuel department at Japan's Economy, Trade and Industry Ministry, Toshihiko Fuji said at the Sakhalin Oil & Gas 2015 conference.

Russia's role in supplies of energy resources to Japan should be more significant, the head of the natural resources and fuel department at Japan's Economy, Trade and Industry Ministry, Toshihiko Fuji said at the Sakhalin Oil & Gas 2015 conference.

Japan wants Russia to play a bigger role in supplies of energy resources to Japan, he said, adding that Russia now accounts for 8% of oil shipments to Japan and 10% of the country's LNG imports.

Russia is a very important partner for Japan, and the Japanese government wants to see relations between the countries strengthen, Fuji said.

After the Fukushima nuclear disaster in 2011 in the wake of a devastating earthquake and tsunami, LNG remains one of the most important sources of electricity generation in Japan, he said.

LNG and oil account for respectively 24% and 40% of Japan's energy balance.

 

All rights reserved by Rossiyskaya Gazeta.