TOKYO, Oct 29 (Reuters) - Japanese Prime Minister Sanae
Takaichi told U.S. President Donald Trump that banning Russian
LNG imports would be difficult during their meeting in Tokyo,
the Nikkei business daily reported on Wednesday, citing Japanese
government officials.
Russian LNG accounts for nearly 9% of Japan's total LNG
imports, with Japanese companies Mitsui ( MITSF ) and Mitsubishi ( MSBHF )
having stakes in the Sakhalin-2 project.
Before Trump's Asia trip this week, the U.S. urged buyers of
Russian energy, including Japan, to cease imports, and put
sanctions on Moscow's two biggest oil exporters, Rosneft
and Lukoil, in a bid to push the Kremlin
into talks to end the Ukraine war.
According to Nikkei, Takaichi, elected as Japan's first
female prime minister last week, told Trump that if Japan
withdraws, China and Russia will only be happy, asking the U.S.
for understanding of Japan's energy needs.
China and India are top buyers of Russian energy.
Japan has stepped up U.S. LNG purchases in the last few
years as it tries to diversify away from its key supplier
Australia and prepare for the expiry of supply contracts with
Russia's Sakhalin-2 LNG project.
Most supply from Sakhalin-2 ends in the period from 2028
to 2033. Replacing those supplies would be costly and cause
higher electricity prices, Japan's industry minister
said
last week.
Japan buys less than 1% of its oil imports from Russia
under a sanctions waiver due to expire in December, with the
bulk of its oil supply covered by the Middle East.