Aiming to maintain interests in government Sakhalin 2

Government policy aiming to maintain interests in Sakhalin 2, coordination with trading companies


It was revealed on the 16th that the government has decided to maintain the interests of the oil and natural gas development project "Sakhalin 2" in the Russian Far East. We are coordinating with domestic trading companies that invest in the business. Russian President Vladimir Putin has signed a presidential decree to move the business to a new company and put it under control. Whether or not to continue investing is left to the judgment of the Russian side, and it is unclear whether or not the interests can be maintained.



[Table] Examination of the government's request for "gas saving" "Sakhalin 2" Japan's maintenance of interests is unclearIt was revealed on the 16th that Sakhalin 2 has decided to maintain its interests. We are coordinating with domestic trading companies that invest in the business. Russian President Vladimir Putin has signed a presidential decree to move the business to a new company and put it under control. Whether or not to continue investing is left to the judgment of the Russian side, and it is unclear whether or not the interests can be maintained.  Mitsui has a 12.5% ​​stake and Mitsubishi Corporation has a 10% stake in the current operating company of Sakhalin 2. It can be procured relatively cheaply by long-term contracts, but if supply is cut off, it is necessary to find an alternative. In addition to concerns about stable procurement, it may lead to soaring electricity and gas prices.Mitsui has a 12.5% ​​stake and Mitsubishi Corporation has a 10% stake. It can be procured relatively cheaply by long-term contracts, but if supply is cut off, it is necessary to find an alternative. In addition to concerns about stable procurement, it may lead to soaring electricity and gas prices.

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