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Japan sees great potential in purchasing oil from Russia - envoy

"In 2017, we imported from Russia about 5.8% of the total volume of oil imported to Japan, but we think that the potential for extending cooperation is still very high", Toyohisa Kozuki noted

MOSCOW, December 1. /TASS/. Japan sees prospects for extending cooperation in purchasing oil from Russia, Japanese Ambassador to Russia Toyohisa Kozuki told TASS in an interview.

"In 2017, we imported from Russia about 5.8% of the total volume of oil imported to Japan, but we think that the potential for extending cooperation is still very high," the ambassador noted.

"To Japan, which depends on the import of almost all oil from abroad, the provision of stable deliveries of inexpensive oil is an important task," he pointed out. "For this reason, our country is promoting the diversification of oil import sources, and we regard Russia, which is geographically close to Japan, as a very important country in this regard."

Kozuki reiterated that currently Japan "is importing oil from Russia, which is produced under the projects Sakhalin-1 and Sakhalin-2, as well as the East Siberian oil, which is transported through the East Siberia - Pacific Ocean pipeline system to the port of Kozmino.".