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NewsCommodities

Japan Petroleum Association eyes North America for crude supply options

ReutersMar 23, 2026 5:40 AM

TOKYO, March 23 (Reuters) - Japan Petroleum Association President Shunichi Kito said on Monday that North America was one potential source for alternative crude oil supply to the Middle East, with Ecuador, Colombia and Mexico also possible options.

Kito, who is also chairman of Japan's second-biggest oil refiner, Idemitsu Kosan 5019.T, added that there were no plans for Japan to source Russian crude oil other than from the Sakhalin 2 project.

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