Tanker Carrying Russian Crude Oil Arrives at Facility in Japan

Economy

Tokyo, May 5 (Jiji Press)--A tanker loaded with Russian crude oil docked at a pier connected to Taiyo Oil Co.'s refinery in western Japan on Tuesday, officials of the Japanese oil wholesaler said.

This marks the first Russian crude oil import to Japan since the Strait of Hormuz, a key oil transport waterway in the Middle East, was effectively closed earlier this year amid the fighting between the U.S.-Israeli camp and Iran, according to the trade ministry.

Taiyo Oil procured the crude oil at the request of the ministry.

The oil came from the Sakhalin-2 oil and gas project in Russia's Far East region, which is outside the scope of Western sanctions on Russia over its invasion of Ukraine.

The crude oil will be refined to gasoline and other petroleum products at the Taiyo Oil facility in the city of Imabari, Ehime Prefecture.

[Copyright The Jiji Press, Ltd.]

Jiji Press