In particular, the Japanese oil and gas company Inpex, which participates in the development of the Kashagan field in Kazakhstan, is considering the possibility of redirecting some oil from this country to its national market.
According to Reuters, the Japanese authorities will release a 20-day supply of oil from the national reserve to meet the demand of the domestic market. Now its reserves are sufficient for 230 days. Taking into account this circumstance, the government of the country is negotiating with a number of states on oil supplies. In addition to Kazakhstan, the Japanese authorities have turned to suppliers from the United States, Malaysia, Latin America and Africa.
Before the beginning of the war, Japan purchased about 95% of the oil the country needed in the Middle East. Given the unclear prospects of oil traffic through the Strait of Hormuz, the Japanese authorities expect in the short term to replace up to half of its oil imports from the Middle East region.
