Japan's Inpex selling stake in Russian oil project to Itochu, sources say  | Reuters News Agency
Business & FinanceDealsEnergy

Japan’s Inpex selling stake in Russian oil project to Itochu, sources say 

Reuters exclusively reported that Inpex Corp (1605.T), Japan’s top oil and gas explorer, is selling its minority stake in a Russian oil project in Siberia to Japanese trading house Itochu Corp (8001.T). 

Market Impact

Japan drastically cut oil imports from Russia to 0.7 million barrels last year, a 95% drop from a year earlier, according to Japan’s customs data, with liquefied natural gas imports down 11% at 6.1 million metric tons.



Article Tags
Topics of Interest: Business & FinanceDealsEnergy
Type: Reuters Best
Sectors: Business & FinanceCommodities & EnergyMergers & Acquisition
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
weekly_01.31.24_JAPAN-RUSSIA-OIL
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