Japan has almost got rid of its use of Russian coal since February 2022 and is now seeking alternative sources from Indonesia and South Africa, Nikkei reports.
The Ministry of Finance informs that Japan purchased only 230,000 tons of coal from Russia in February 2023, a 73% decline compared to the identical period of the previous year.
From April 2022 to February 2023, Japan received around 6.5mn tons of coal from all sources, a 45% drop from the equivalent period in 2022. In contrast, coal shipments from Indonesia increased by 28%, while imports from Canada more than doubled and imports from South Africa rose more than sixfold.
Russian coal now takes only 2% of Japan's total coal imports, down from 9% a year ago. In 2021, Russia will be one of the most important coal suppliers to Japan after Australia, but for delivery volume, Indonesia has now surpassed Russia.
After Russia's conflict with Ukraine began in April 2022, Japan agreed to get rid of its reliance on Russian coal, and Jera, Japan's largest energy company, ceased imports of coal from Russia entirely in the summer of 2022.
Comments (0)