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Putin eyes greater energy ties with Japan

Vladimir Putin has said he is interested in Russia supplying electricity to Japan.

According to Japan’s Ministry of Foreign Affairs, Putin told Japanese prime minister Yoshihiko Noda that he wants to expand on existing energy deals between the two countries, which include the supply of liquefied natural gas and coal, and enter into new partnerships.

Japan is talks over a proposed LNG terminal in the Russian port city of Vladivostok and is also interested in oil and gas exploration in east Siberia.

The reactor disaster at Fukushima following an earthquake and tsunami in March caused an energy crisis in Japan, resulting in the country’s utilities buying an all-time high of 26 million mt of imported from a host of countries, including Russia, between April and September.

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