Saturday, January 28 2023

Reuters

Japan’s Mitsui nears decision to join new Sakhalin-2 operator -Nikkei

Japanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natural gas (LNG) project, the Nikkei newspaper said, without citing sources. Registered on Aug. 5, the new entity replaces project operator Sakhalin Energy as Moscow rewrites the rules for foreign firms operating in Russia, amid global sanctionsfollowing its invasion of Ukraine. Mitsui, which does not see any conditions that disadvantage it, will make a final decision by the end of this month and notify Russia, the paper added.

Source: Yahoo Sports

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