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- Japan’s Matsuno announces a ban on oil refining equipment exports to Russia
Japan’s Matsuno announces a ban on oil refining equipment exports to Russia
Japanese Chief Cabinet Secretary Hirokazu Matsuno announced on Tuesday, the country bans oil refining equipment exports to Russia.
Earlier on, the Financial Times (FT) reported that the European Union (EU) plans to slash Russian gas imports by two-thirds in twelve months.
“The plan, to be presented Tuesday, will propose steps such as tapping new gas supplies and increasing energy efficiency already this year, one of the officials said, and aims to deliver independence from the region's biggest supplier of the fossil fuel well before 2030 -- sooner than previous projections,” Bloomberg reported, citing two unnamed EU officials with knowledge of the matter.
Separately, “the prime minister announced yesterday that the government was drawing up proposals to intensify Britain’s energy self-reliance by boosting the deployment of renewable electricity and “using more of our own hydrocarbons” in the North Sea,” per the UK Times.
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