Japanese Economy Minister Yasutoshi Nishimura said his country wants to keep its participation in the Sakhalin-1 and Sakhalin-2 projects.
He stressed that the latter project provides about 9% of all LNG coming to Japan.
The minister, appointed to the position on August 10, added in an interview with the Nikkei newspaper published today, Saturday: “There is no change in our policy around preservation of interests.” [في هذه المشاريع]”.
At his first press conference as Minister of Economy, Nishimura noted that these projects are very important for Japan in terms of ensuring a stable supply of energy resources.
It is known that the Japanese company Sodeco owns 30% in the Sakhalin-1 oil and gas project.
The Sakhalin-2 project is of great importance for Japan, as it provides almost all of the liquefied natural gas imported from Russia. The Sultan of Japan claims that Sakhalin-2 fuel is used to generate about 3% of the country’s total electricity. Japanese corporations Mitsui and Mitsubishi Corporation own 12.5% and 10% respectively in this project.
Source: TASS