Tokyo will respond to decisions of the Russian side on the Sakhalin-1 on the basis of the relevant decree and consultations with stakeholders, Nishimura noted. At the same time, Japan is not importing oil from the Sakhalin-1 project at present, he added. It is a very important project in terms of Japan’s energy security and stable supplies ," the Minister said. "Japan depends on the Middle East by 90% for oil import and already by 95% at present, and in such conditions the Sakhalin-1 is critical from the standpoint of diversification. The Russian Sakhalin-1 project is highly important for Japan from the standpoint of providing energy security and diversifying supplies, Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura said on Sunday on the air with the NHK TV Channel.
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