May 26, 2022

Russian oil exports to Japan decreased by 30% in April Zero : Data for ships after mid-April

Russian oil exports to Japan decreased by 30% in April Zero : Data for ships after mid-April

Since mid-April, no ship has been loaded with oil from Russia and headed for Japan, according to data from information company Refinitiv. According to data, Russia exported 1.9 million barrels of oil to Japan in April, down 33% from the same month last year.

Prime Minister Fumio Kishida announced on the morning of the 9th that he would gradually suspend oil imports from Russia in line with the seven major countries (G7).¬†Prime Minister Kishida told reporters, “We will consider the timing of reductions or suspensions based on the actual situation. ”

The original sale has already moved to suspend the procurement of Russian oil. Tsutomu Sugimori, chairman of ENEOS Holdings, announced at a meeting on April 20 that he had “no contract” since the invasion of Ukraine in February. Idemitsu Kosan also has no new procurement plans, saying that “Russian crude oil has a low share and will not affect the stable supply of petroleum products”.