Japanese companies intend to keep their shares in the Sakhalin-2 project

The Japanese companies Mitsui and Mitsubishi, which own shares in the Sakhalin-2 project, should retain their participation after Russia’s decision to make a Russian limited liability company the operator, the Japanese edition Nikkei reports , referring to the statement of the head of the Ministry of Industry and Trade of Japan, Koichi Hagiuda, following a meeting with the Prime Minister country minister Fumio Kishida.

Hagiuda said that „Japanese companies already have a stake (in the Sakhalin-2 project – ed.), so we agreed that they should hold it firmly.”

At the same time, the publication reports that the Japanese government has called on Mitsui and Mitsubishi to remain shareholders after the new Russian company becomes the operator of the project.

Supplies from Russia account for about 8.8% of all Japanese LNG imports, and almost all liquefied gas enters the Land of the Rising Sun through the Sakhalin-2 project.

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