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Japan Seeking Sakhalin-2 Clarification

LNG

Japan is using diplomatic channels to try and find out the exact timing and other details regarding Russia’s decision to set up a new operator for the Sakhalin-2 oil and gas project according to Japanese Minister of Economy, Trade and Industry Koichi Hagiuda.

  • "We are currently requesting through diplomatic a clarification on the timing for the implementation of the presidential decree, investment terms and other details," Hagiuda said.
  • Earlier, Japan’s Prime Minister Fumio Kishida said the decision on Sakhalin-2 would not immediately stop LNG imports. The bulk of LNG from the development goes to Japan.
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