Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

A Russian tanker carrying crude from Sakhalin Island is set to arrive in Japan today in the latest sign energy-strapped importers are intent on securing any supply they can find, even from sanctioned suppliers. In fairness, the Sakhalin-2 project has been exempted from sanctions precisely because of the importance of this source of crude for Japan, which also has participation in the management of the project. Said participation is made up of Mitsui and Mitsubishi, with stakes of 12.5% and 10%, respectively. The operator of the project, which also…