Japan refiner Taiyo buys oil from Russia as Middle East alternative
Energy
Spot purchase of crude from Sakhalin-2 not subject to sanctions, company says
Taiyo Oil is buying crude from the Sakhalin-2 project in the Russian Far East. © Kyodo
TOKYO — Taiyo Oil said Friday that it is buying crude oil from Russia, part of Japanese efforts to diversify procurement and ensure supply stability amid the turmoil in the Middle East.
