Russia's new ESPO blend crude appears gaining recognition in Japan due to geographical proximity, country's aspiration for new energy sources. Russia's presence still small in Japan, where 90% of crude oil imported from Middle East. Nevertheless, Japanese oil industry officials see reasonable possibility Russia becoming larger supplier, helping Japan to boost energy security.
Russia
's new
ESPO blend crude appears gaining recognition in
Japan
due
to geographical proximity, country's aspiration for new energy sources.
Russia
's
presence still small in
Japan
,
where 90% of crude oil imported from
Middle East
. Nevertheless,
Japanese oil industry officials see reasonable possibility
Russia
becoming larger supplier, helping
Japan
to
boost energy security.
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