Gazprom controls 50% of the project. Russia provides more than 8% of Japan’s needs for liquefied natural gas.
Japan has no plans to withdraw from Russia’s joint oil and gas project, despite joining tough sanctions against the Russian Federation. This is what Japanese Prime Minister Fumio Kishida said, Japan Today wrote.
It has been noticed that Japan is trying to balance its demand for gas and not deviate from the difficult line of imposing sanctions against Russia. After Russia launched war with Ukraine, oil giant Shell said it would sell its 27.5% stake in Sakhalin-2 liquefied natural gas production and transportation projects in the Far East.
Mitsui controls 12.5% of the project and Mitsubishi owns 10% of the total share.
Gazprom controls 50% of the project. Russia provides more than 8% of Japan’s needs for liquefied natural gas.
Earlier it was reported that the largest banks in Japan have ceased operations with the Savings Bank of the Russian Federation.
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Source: korrespondent
