In talks with oil, gas producers, IEA on supply contingency Has 240 days worth oil reserves, 2-3 weeks of LNG stocks Biden to meet G7 counterparts Feb. 24 Japan does not expect the current situation surrounding the Russia-Ukraine tensions to cause any immediate major disruption to the stable supply of energy in the country as it imposes sanctions on Russia. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We understand that sanctions taken by Japan, the US and Europe are not having an impact on the current energy flow,” a source with the Ministry of Economy, Trade and Industry told S&P Global Platts Feb. 24. Russia accounted for 9% of Japan’s total LNG imports of 74.32 million mt in 2021 and 4% of total crude imports of 2.48 million b/d, according to the latest Ministry of Finance data. Japan is also stepping […]