Sanctions on Russia?Japan resume import

According to the Russian media quoted the Russian Ministry of Finance on the 17th, Japan resumed imported Russian oil in July.However, Russia's supply in Russia in July this year decreased by 65.4%compared with the same period last year.In June, the number of oil purchased from Russia will be reduced to zero in June.

In early July, the Japanese government announced new sanctions on the Russian Federation.Prior to this, Japan's Prime Minister Kishita Tianshiong issued a severe statement, calling on the price limit to deprive Russia's oil income by setting up the price limit.Russian President Putin subsequently issued a decree on the LPG project of "Sahalin 2".According to this decree, two Japanese companies may lose their shares in Sahalin Energy Company.The Vice Chairman of the Russian Federal National Security Conference, Medvedev also warned Japan that in addition to losing Russia's oil and natural gas, Japan will also lose the opportunity to participate in the "Sahalin 2" project.

Russia is one of the main energy supply countries in Japan.In addition to importing Russia's oil, 8.8%of Japan's natural gas demand comes from Russia.

Source: CCTV Finance

- END -