Japanese Trade Minister asked Mitsubishi not to refuse to participate in Sakhalin-2

Japanese companies have until September 4 to decide whether they will participate in the Sakhalin-2 project under the new operator. This was announced by the Minister of Economy, Trade and Industry of Japan Yasutoshi Nishimura. At a meeting with Mitsubishi management, he asked the company not to abandon the Russian project.

As Mr. Nishimura explained to journalists, Sakhalin-2 is important for Japan in terms of energy security and supply of energy resources. “For my part, I asked in a positive way to consider the issue of maintaining participation in the project. I will refrain from more detailed comments on the meeting, ”he said (quoted by TASS).

Russia accounts for 8.8% of Japanese liquefied natural gas imports. Almost all of it comes from Sakhalin-2.

At the end of June, Russian President Vladimir Putin transferred the Sakhalin-2 operator to Russian jurisdiction. Foreign shareholders must agree within a month to accept shares in the new company. Yesterday, August 16, Russia notified Japanese companies about the change of the project operator. Japanese companies are major participants in the Sakhalin-1 and Sakhalin-2 projects, they want to keep their shares. Mitsui and Mitsubishi have 12.5% ​​and 10% respectively in the project.

About the position of Japan – in the material “Kommersant” “Japanese ministers do not have enough energy.”

Laura Keffer


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