EnergyJapan faces dilemma in Sakhalin as G-7 vows to quit Russian crude
Continued stakes in pivotal oil and gas projects highlight Tokyo's energy woes
A liquefied natural gas plant in Sakhalin. Japan's investments in development projects on the island were aimed at diversifying the nation's energy procurement. © Reuters
JUNTARO ARAI and HIROYUKI AKIYAMA, Nikkei staff writers
TOKYO -- Japan will in principle ban oil imports from Russia but retain its interests in two Sakhalin oil and gas development projects, a contradictory decision that runs counter to the West's goal of depriving Moscow of funds to finance its war in Ukraine.