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Japan’s barter abbot said Tuesday it would be difficult for the Group of Seven nations to ban Russian abounding accustomed gas imports unless another suppliers can be found.

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The G-7 nations including Japan accept absitively to ban or appearance out atramentous and oil imports from Russia as allotment of sanctions imposed in acknowledgment to its aggression of Ukraine. Speculation is now bouncing that LNG will be the abutting activity antecedent added to the list.

File photo shows a abounding accustomed gas tanker in amnion off Sodegaura, Chiba Prefecture, in April 2009 afterwards accession from Sakhalin 2. (Kyodo)

Japan’s Economy, Barter and Industry Abbot Koichi Hagiuda mentioned the difficulties in award the another accumulation at a columnist appointment and said, “If all parties (of the G-7) booty accompanying activity (to ban Russian LNG imports) afterwards accepting another sources, the apple economy, including the activity (sector), will be befuddled into chaos.”

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But Hagiuda added he does not aphorism out the achievability of LNG abutting the sanction account in the future, while actuality alert of Europe’s annex on Russian LNG.

The United States banned imports of Russian oil, LNG and atramentous in March.

In 2021, Russian exports fabricated up added than 40 percent of the LNG captivated in the European Union, according to the European Commission. In the aforementioned year, resource-poor Japan alien 8.8 percent of its absolute LNG imports from Russia, according to Japan External Barter Organization data.

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As for oil, Hagiuda acicular out that it ability be accessible to briefly awning shortages by accretion assembly in the Middle East or elsewhere.

The abbot additionally said he hopes the United States increases oil and gas assembly and becomes a above supplier of the resources, replacing Russia.

The Japanese government will aback LNG projects in the United States by accouterment banking abutment to Japanese firms that booty allotment in the projects, he added.

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Earlier this month, Hagiuda visited Washington and captivated talks with U.S. Activity Secretary Jennifer Granholm, with the two accordant on the accent of “free and open” all-around business of oil and accustomed gas from a concise angle and alteration to renewable activity and nuclear power.

Also on Tuesday, Prime Abbot Fumio Kishida’s Cabinet accustomed broadcast sanctions adjoin Russia, a admeasurement which the arch vowed to booty in allocation with added associates of the G-7 during his appointment to London aftermost week.

Under the measure, the assets of 141 added individuals, including Russian Prime Abbot Mikhail Mishustin and politicians from the Russia-backed, self-proclaimed Donetsk and Luhansk republics, will be frozen, according to the Japanese Foreign Ministry.

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The broadcast sanctions additionally included an consign ban to 71 added Russian aggressive entities while additionally endlessly the alteration of items featuring avant-garde technologies to Russia, the admiral said.

The G-7 consists of Britain, Canada, Germany, France, Italy, Japan and the United States, additional the European Union.

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