Sorry, Winston, but I do not know anything about that - I cannot comment about it.
Maybe somebody who is living in USA knows more about it?
Sorry, Winston, but I do not know anything about that - I cannot comment about it.
Yes, true - Japan is a huge importer of energy, but not so much from Russia as you might think.Natural_Born_Cynic wrote: ↑March 16th, 2024, 2:20 pm@Yohan
Check this out. This is quite interesting. Japan still imports Russian Natural Gas and Russian Oil above "$60 per barrel" allowed by the United States. ......Japan is quite energy dependent country.
https://www.reuters.com/business/energy ... 024-02-06/The situation is particularly acute in Hiroshima prefecture (state), part of which Mr. Kishida represents in Parliament. Hiroshima Gas Co. gets about half its gas from Russia, a much higher proportion than the rest of Japan.
Japan reduced LNG purchases from Russia by 11% last year to 6.1 million metric tons, with supplies otherwise dominated by Australia and Malaysia. Moscow remains Japan's third biggest LNG supplier with a 9% share last year.
I am living very near to Hiroshima prefecture - For my cars+motorcycles I pay for 1 liter regular petrol yen 159 = USD 1.10The situation is particularly acute in Hiroshima prefecture (state), part of which Mr. Kishida represents in Parliament. Hiroshima Gas Co. gets about half its gas from Russia, a much higher proportion than the rest of Japan.
https://www.quora.com/Why-did-Japan-sta ... ural%20gas.TOKYO—Japan has said it has won authorization from the U.S. to continue importing Russian crude oil at a price above the $60-a-barrel cap observed by other U.S. allies. The exception granted to Japan will last until June 28, 2024, after previously having been scheduled to expire on Sept. 30, 2023.Sep 27, 2023
https://www.reuters.com/business/energy ... 024-02-06/Japan got the U.S. to agree to the exception, saying it needed it to ensure access to Russian energy. The concession shows Japan’s reliance on Russia for fossil fuels, which analysts said contributed to a hesitancy in Tokyo to back Ukraine more fully in its war with Russia.
While many European countries have reduced their dependence on Russian energy supplies, Japan has stepped up its purchases of Russian natural gas over the past year. Japan is the only Group of Seven nation not to supply lethal weapons to Ukraine, and Prime Minister Fumio Kishida was the last G-7 leader to visit Ukraine after Russia’s invasion.
TOKYO, Feb 6 (Reuters) - Mitsubishi Corp (8058.T), opens new tab CEO Katsuya Nakanishi said on Tuesday that Russia's Sakhalin 2 liquefied natural gas (LNG) project remains a key source for Japan's energy supply, as Japanese companies maintain their Russian exposure.
Although Japan has reduced its Russian energy imports since Moscow's invasion of Ukraine in February 2022, it has kept stakes in several fossil fuel projects in the country for its energy security.
"The project is an extremely important source in terms of stable energy supply for Japan," Nakanishi, whose company holds a 10% stake in the Gazprom-led (GAZP.MM), opens new tab Sakhalin-2 LNG project in Russia's far east, told a briefing.
"We are carefully watching the situation," he added.
Japan reduced LNG purchases from Russia by 11% last year to 6.1 million metric tons, with supplies otherwise dominated by Australia and Malaysia. Moscow remains Japan's third biggest LNG supplier with a 9% share last year.
Trading house Itochu (8001.T), opens new tab, a co-owner of a mid-sized Siberian oil producer INK-ZAPAD, recorded 2.8 billion yen profit from its stake in the project in April-December, more than last fiscal year as a whole, a presentation showed on Monday.
Sources told Reuters last week that Itochu was in talks to buy out Inpex Corp (1605.T), opens new tab, Japan's top oil and gas explorer, from the Japan South Sakha Oil Co Ltd, a consortium of Japanese firms running INK-ZAPAD together with private Russian owners.
How Ukraine seized the upper hand against Russia in the battle for the Black Sea
Wed February 14, 2024
.....
Ukraine has virtually no navy of its own, but technological innovation, audacity and Russian incompetence have given it the upper hand in much of the Black Sea. It has now destroyed or disabled more than 20 Russian naval ships in the region, a third of Russia’s total Black Sea fleet.
That in turn has secured a maritime corridor that allows Ukraine to export much of its grain and other produce from ports such as Odesa – an economic boon at a time when the economy has been battered by the conflict.
-----
The result: Ukraine has shifted 22.6 million tons of cargo through the corridor in just seven months, according to both Ukrainian and US officials. More than 700 ships have used the passage to the Bosphorus and beyond to world markets.
In January alone, according to the Economy Ministry, $1.9 billion worth of Ukrainian exports were shipped by sea (out of a total of $3.4 billion.) That is less than pre-war volumes but is growing every month.
.....
The speed with which the Ukrainians have developed their fleet of maritime drones has been impressive.
.....
Ukraine has also used long-range missiles supplied by the UK and France to hit Russian vessels in port in Crimea as well as inflict extensive damage last September on the Black Sea fleet headquarters in Sevastopol, a humiliating blow.
.....
In January the Ukrainians claimed that a special ops unit had taken out a Russian Neva-B radar station (which detects surface shipping) on a platform off the coast of Crimea. The group approached the platform by sea and attached explosives which were then detonated.
FEBRUARY 8, 2024
Nuclear reactor restarts in Japan have reduced LNG imports for electricity generation
Energy resources are scarce in Japan, and it imports most of the fossil fuel it uses for electricity generation. In 2022, fossil fuels accounted for 71% of generation, with natural gas accounting for 35% of that share. Japan’s LNG imports have declined as more nuclear reactors have restarted. After Japan restarted five nuclear reactors in 2018, Japan’s LNG imports declined by 7% (0.7 Bcf/d) in 2019 and by another 7% (0.7 Bcf/d) between 2019 and 2022.
Japan has a large portfolio of long-term LNG contracts, which supply up to 90% of Japan’s LNG imports each year. The remaining share of imports is supplied under short-term and spot contracts from as many as 20 countries (including re-exporters).
Australia has been Japan’s largest LNG supplier for 11 years; its share of Japan’s total LNG imports more than doubled from 18% in 2012 to 42% in 2023.
Qatar—which was ranked second in 2012—is now the seventh-largest LNG supplier to Japan. Qatar provided 4% of Japan’s LNG imports last year, down from 18% in 2012, in part because some of Japan’s long-term contracts with Qatar expired.
In 2023, Malaysia was Japan’s second-largest LNG supplier, accounting for 16% (1.4 Bcf/d) of LNG imports. However, in 2012, before Australia took its long-standing top spot, Malaysia supplied 19% of Japan’s LNG imports and was the largest supplier.
Other significant LNG suppliers in 2023 included
Russia at 9% (0.8 Bcf/d), the
United States at 8% (0.7 Bcf/d), and
Papua New Guinea at 6% (0.5 Bcf/d).
I certainly hope Japan's Nuclear plant thing works out. I wouldn't want Japan to have another Fukushima like incident.Yohan wrote: ↑March 16th, 2024, 9:43 pmhttps://www.eia.gov/todayinenergy/detail.php?id=61386
LNG imports and nuclear reactors in Japan
and about imports of LNG from various countries to Japan
FEBRUARY 8, 2024
Nuclear reactor restarts in Japan have reduced LNG imports for electricity generation
Energy resources are scarce in Japan, and it imports most of the fossil fuel it uses for electricity generation. In 2022, fossil fuels accounted for 71% of generation, with natural gas accounting for 35% of that share. Japan’s LNG imports have declined as more nuclear reactors have restarted. After Japan restarted five nuclear reactors in 2018, Japan’s LNG imports declined by 7% (0.7 Bcf/d) in 2019 and by another 7% (0.7 Bcf/d) between 2019 and 2022.
Japan has a large portfolio of long-term LNG contracts, which supply up to 90% of Japan’s LNG imports each year. The remaining share of imports is supplied under short-term and spot contracts from as many as 20 countries (including re-exporters).
Australia has been Japan’s largest LNG supplier for 11 years; its share of Japan’s total LNG imports more than doubled from 18% in 2012 to 42% in 2023.
Qatar—which was ranked second in 2012—is now the seventh-largest LNG supplier to Japan. Qatar provided 4% of Japan’s LNG imports last year, down from 18% in 2012, in part because some of Japan’s long-term contracts with Qatar expired.
In 2023, Malaysia was Japan’s second-largest LNG supplier, accounting for 16% (1.4 Bcf/d) of LNG imports. However, in 2012, before Australia took its long-standing top spot, Malaysia supplied 19% of Japan’s LNG imports and was the largest supplier.
Other significant LNG suppliers in 2023 included
Russia at 9% (0.8 Bcf/d), the
United States at 8% (0.7 Bcf/d), and
Papua New Guinea at 6% (0.5 Bcf/d).
LNG/crude oil:Natural_Born_Cynic wrote: ↑March 16th, 2024, 9:49 pmI certainly hope Japan's Nuclear plant thing works out. I wouldn't want Japan to have another Fukushima like incident.
So Japan has been importing Russian LNG even before the Ukraine War and up until now. And I though Japan hated Russia. It's ok, South Korea has also been dependent on Russian crude and LNG just like your graph is showing above.
About the coal contracts, they are terminated, import from Russia is zero.A presidential decree was issued in Russia, ordering the transfer of the Russian Far East’s Sakhalin-2 oil and natural gas project — in which Japanese trading houses have also invested — to a new company to be established by the Russian government.
There are concerns that this will be a de facto seizure by the Russian government and Japanese companies will be unilaterally excluded from the project.
https://www.fpri.org/article/2023/12/se ... st-russia/While South Korea’s reliance on Russian fossil fuels prior to the war was less than Europe’s, immediately cutting ties with Russian suppliers would have been impractical. South Korea imports nearly 98 percent of its fossil fuels, which provide two-thirds of the country’s electricity generation. Russia accounted for a little over 9 percent of South Korea’s imports by both value and volume. South Korea was most dependent on Russia for imports of coal (17 percent) and naphtha (23 percent), but Russia was also a supplier of natural gas (5 percent) and crude petroleum (6 percent).
According to the Korea International Trade Association, Russia fell to 15th place in terms of trade volume last year in the aftermath of the war in Ukraine, but it was the 10th largest trading partner before the war. South Korea imports petroleum products, crude oil, coal, and natural gas from Russia, and sells automobiles, auto parts, home appliances, and consumer goods.[8]
In 2022, South Korea’s trade (exports + imports) with Russia totaled $21.14 billion, down 22.6% from the previous year ($27.34 billion). In particular, exports plummeted 36.5% from $9.98 billion (KRW 12.93 trillion) to $6.33 billion (KRW 8.2036 trillion). This means that major conglomerates were unable to sell their products in the Russian market. So far this year, South Korea’s exports and imports to Russia have plummeted by 20.0% and 52.2%, respectively. Russia’s trade ranking for 2023 (January–March) dropped another two places to 17th.[9]
https://eastasiaforum.org/2023/01/27/ru ... hallenges/Since the 1990s, there has been greater trade and cooperation between the two nations. The total trade volume between South Korea and Russia in 2003 was 4.2 billion US dollars,[2] which increased to 24.8 billion US dollars in 2018.[3]
Rising fuel costs from imports have also filtered into the domestic economy. Kepco, South Korea’s state-owned energy monopoly, instituted three domestic electricity price increases in 2022 and an additional record 9.5 per cent increase on 1 January 2023 to deal with the rising costs of energy imports. Energy price increases have also been a factor in inflation, which peaked at 6.3 per cent in July 2022.
More broadly, inflation has also been driven by increases in consumer demand from the relaxation of COVID-19 restrictions, government stimuli and a significant decline in the South Korean won. The won has been under pressure from the deteriorating South Korea trade balance and the US Federal Reserve’s interest rate increases.
I find it funny how the Japanese can hate Russia, Russia a country that never did them any harm directly. Yet they are willing to be America's bitch for life, a country that nuked their ass not once but dropped TWO on them, America the nation that have zero respect for their culture and way of life or their right to be a sovereign country, America the country that FORCED them to allow gay marriage, tries to push and promote the same garbage woke shit in Japan, wants them to have open borders so they end up all f***ed up, lost, poverty and crime stricken like America currently is, and will gladly teach them the art of self hatred. They'll teach their people how to stand by idly as blacks raid and rob their stores clean then they get to be like us. A prideless depressed nation rife with angry people who have nothing left other than rage because their own GOV hates them and wants to kill and destroy them.Natural_Born_Cynic wrote: ↑March 16th, 2024, 9:49 pmI certainly hope Japan's Nuclear plant thing works out. I wouldn't want Japan to have another Fukushima like incident.Yohan wrote: ↑March 16th, 2024, 9:43 pmhttps://www.eia.gov/todayinenergy/detail.php?id=61386
LNG imports and nuclear reactors in Japan
and about imports of LNG from various countries to Japan
FEBRUARY 8, 2024
Nuclear reactor restarts in Japan have reduced LNG imports for electricity generation
Energy resources are scarce in Japan, and it imports most of the fossil fuel it uses for electricity generation. In 2022, fossil fuels accounted for 71% of generation, with natural gas accounting for 35% of that share. Japan’s LNG imports have declined as more nuclear reactors have restarted. After Japan restarted five nuclear reactors in 2018, Japan’s LNG imports declined by 7% (0.7 Bcf/d) in 2019 and by another 7% (0.7 Bcf/d) between 2019 and 2022.
Japan has a large portfolio of long-term LNG contracts, which supply up to 90% of Japan’s LNG imports each year. The remaining share of imports is supplied under short-term and spot contracts from as many as 20 countries (including re-exporters).
Australia has been Japan’s largest LNG supplier for 11 years; its share of Japan’s total LNG imports more than doubled from 18% in 2012 to 42% in 2023.
Qatar—which was ranked second in 2012—is now the seventh-largest LNG supplier to Japan. Qatar provided 4% of Japan’s LNG imports last year, down from 18% in 2012, in part because some of Japan’s long-term contracts with Qatar expired.
In 2023, Malaysia was Japan’s second-largest LNG supplier, accounting for 16% (1.4 Bcf/d) of LNG imports. However, in 2012, before Australia took its long-standing top spot, Malaysia supplied 19% of Japan’s LNG imports and was the largest supplier.
Other significant LNG suppliers in 2023 included
Russia at 9% (0.8 Bcf/d), the
United States at 8% (0.7 Bcf/d), and
Papua New Guinea at 6% (0.5 Bcf/d).
So Japan has been importing Russian LNG even before the Ukraine War and up until now. And I though Japan hated Russia. It's ok, South Korea has also been dependent on Russian crude and LNG just like your graph is showing above.
You got that right. Yohan seems like a nice old Austrian men and I'm cool with him. I think he is a pro West japanophile. Not that I really care.WanderingProtagonist wrote: ↑March 17th, 2024, 9:16 amI find it funny how the Japanese can hate Russia, Russia a country that never did them any harm directly. Yet they are willing to be America's bitch for life, a country that nuked their ass not once but dropped TWO on them, America the nation that have zero respect for their culture and way of life or their right to be a sovereign country, America the country that FORCED them to allow gay marriage, tries to push and promote the same garbage woke shit in Japan, wants them to have open borders so they end up all f***ed up, lost, poverty and crime stricken like America currently is, and will gladly teach them the art of self hatred. They'll teach their people how to stand by idly as blacks raid and rob their stores clean then they get to be like us. A prideless depressed nation rife with angry people who have nothing left other than rage because their own GOV hates them and wants to kill and destroy them.Natural_Born_Cynic wrote: ↑March 16th, 2024, 9:49 pmI certainly hope Japan's Nuclear plant thing works out. I wouldn't want Japan to have another Fukushima like incident.Yohan wrote: ↑March 16th, 2024, 9:43 pmhttps://www.eia.gov/todayinenergy/detail.php?id=61386
LNG imports and nuclear reactors in Japan
and about imports of LNG from various countries to Japan
FEBRUARY 8, 2024
Nuclear reactor restarts in Japan have reduced LNG imports for electricity generation
Energy resources are scarce in Japan, and it imports most of the fossil fuel it uses for electricity generation. In 2022, fossil fuels accounted for 71% of generation, with natural gas accounting for 35% of that share. Japan’s LNG imports have declined as more nuclear reactors have restarted. After Japan restarted five nuclear reactors in 2018, Japan’s LNG imports declined by 7% (0.7 Bcf/d) in 2019 and by another 7% (0.7 Bcf/d) between 2019 and 2022.
Japan has a large portfolio of long-term LNG contracts, which supply up to 90% of Japan’s LNG imports each year. The remaining share of imports is supplied under short-term and spot contracts from as many as 20 countries (including re-exporters).
Australia has been Japan’s largest LNG supplier for 11 years; its share of Japan’s total LNG imports more than doubled from 18% in 2012 to 42% in 2023.
Qatar—which was ranked second in 2012—is now the seventh-largest LNG supplier to Japan. Qatar provided 4% of Japan’s LNG imports last year, down from 18% in 2012, in part because some of Japan’s long-term contracts with Qatar expired.
In 2023, Malaysia was Japan’s second-largest LNG supplier, accounting for 16% (1.4 Bcf/d) of LNG imports. However, in 2012, before Australia took its long-standing top spot, Malaysia supplied 19% of Japan’s LNG imports and was the largest supplier.
Other significant LNG suppliers in 2023 included
Russia at 9% (0.8 Bcf/d), the
United States at 8% (0.7 Bcf/d), and
Papua New Guinea at 6% (0.5 Bcf/d).
So Japan has been importing Russian LNG even before the Ukraine War and up until now. And I though Japan hated Russia. It's ok, South Korea has also been dependent on Russian crude and LNG just like your graph is showing above.
Oh yes,the Japanese hate Russia but love their communist war mongering war criminal touting United States guilty of destroying 70% of every other country worldwide with an obsession with world domination, a country ruled over by criminals who supports terrorist, creates terrorist, blew up their own twin towers just to invade Iraq. What a f***ing Joke the Japanese are, no seriously f**k Japan. They deserve that nuke. I mean Russia isn't perfect, but Putin have no interest in bossing other nations around and never dropped a single nuke on anyone, YET. America on the other hand? THis is a country that have no guilt or shame in f***ing over other nations, destroying their cultures, ruining their image, and making sure the whole world is woke and riddled with racial guilt just so negros and Muslims can take over and turn every country on earth into war torn terrorist third world hell holes.
Which is why Japan's anger should be directed at America, and not Russia.Natural_Born_Cynic wrote: ↑March 17th, 2024, 10:09 amYou got that right. Yohan seems like a nice old Austrian men and I'm cool with him. I think he is a pro West japanophile. Not that I really care.WanderingProtagonist wrote: ↑March 17th, 2024, 9:16 amI find it funny how the Japanese can hate Russia, Russia a country that never did them any harm directly. Yet they are willing to be America's bitch for life, a country that nuked their ass not once but dropped TWO on them, America the nation that have zero respect for their culture and way of life or their right to be a sovereign country, America the country that FORCED them to allow gay marriage, tries to push and promote the same garbage woke shit in Japan, wants them to have open borders so they end up all f***ed up, lost, poverty and crime stricken like America currently is, and will gladly teach them the art of self hatred. They'll teach their people how to stand by idly as blacks raid and rob their stores clean then they get to be like us. A prideless depressed nation rife with angry people who have nothing left other than rage because their own GOV hates them and wants to kill and destroy them.Natural_Born_Cynic wrote: ↑March 16th, 2024, 9:49 pmI certainly hope Japan's Nuclear plant thing works out. I wouldn't want Japan to have another Fukushima like incident.Yohan wrote: ↑March 16th, 2024, 9:43 pmhttps://www.eia.gov/todayinenergy/detail.php?id=61386
LNG imports and nuclear reactors in Japan
and about imports of LNG from various countries to Japan
FEBRUARY 8, 2024
Nuclear reactor restarts in Japan have reduced LNG imports for electricity generation
Energy resources are scarce in Japan, and it imports most of the fossil fuel it uses for electricity generation. In 2022, fossil fuels accounted for 71% of generation, with natural gas accounting for 35% of that share. Japan’s LNG imports have declined as more nuclear reactors have restarted. After Japan restarted five nuclear reactors in 2018, Japan’s LNG imports declined by 7% (0.7 Bcf/d) in 2019 and by another 7% (0.7 Bcf/d) between 2019 and 2022.
Japan has a large portfolio of long-term LNG contracts, which supply up to 90% of Japan’s LNG imports each year. The remaining share of imports is supplied under short-term and spot contracts from as many as 20 countries (including re-exporters).
Australia has been Japan’s largest LNG supplier for 11 years; its share of Japan’s total LNG imports more than doubled from 18% in 2012 to 42% in 2023.
Qatar—which was ranked second in 2012—is now the seventh-largest LNG supplier to Japan. Qatar provided 4% of Japan’s LNG imports last year, down from 18% in 2012, in part because some of Japan’s long-term contracts with Qatar expired.
In 2023, Malaysia was Japan’s second-largest LNG supplier, accounting for 16% (1.4 Bcf/d) of LNG imports. However, in 2012, before Australia took its long-standing top spot, Malaysia supplied 19% of Japan’s LNG imports and was the largest supplier.
Other significant LNG suppliers in 2023 included
Russia at 9% (0.8 Bcf/d), the
United States at 8% (0.7 Bcf/d), and
Papua New Guinea at 6% (0.5 Bcf/d).
So Japan has been importing Russian LNG even before the Ukraine War and up until now. And I though Japan hated Russia. It's ok, South Korea has also been dependent on Russian crude and LNG just like your graph is showing above.
Oh yes,the Japanese hate Russia but love their communist war mongering war criminal touting United States guilty of destroying 70% of every other country worldwide with an obsession with world domination, a country ruled over by criminals who supports terrorist, creates terrorist, blew up their own twin towers just to invade Iraq. What a f***ing Joke the Japanese are, no seriously f**k Japan. They deserve that nuke. I mean Russia isn't perfect, but Putin have no interest in bossing other nations around and never dropped a single nuke on anyone, YET. America on the other hand? THis is a country that have no guilt or shame in f***ing over other nations, destroying their cultures, ruining their image, and making sure the whole world is woke and riddled with racial guilt just so negros and Muslims can take over and turn every country on earth into war torn terrorist third world hell holes.
Russia was cool with South Korea and even Japan but relations has broken up because of that stupid Ukraine Proxy War started by NATO and America.
Here is summary of American politics