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Japan to Continue Participating in Russia's Sakhalin-1 Under New Operator: Reports

CC BY 3.0 / / Sakhalin-1 gas and oil project
Sakhalin-1 gas and oil project - Sputnik International, 1920, 04.11.2022
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TOKYO, November 4 (Sputnik) - Japanese companies that are part of Russia's Sakhalin-1 project intend to continue participating in it under a new operator, local broadcaster reported, citing company sources.
Japanese corporations intend to continue participating in the project even after a new operator of the Sakhalin-1, will be established, after receiving the rights of the previous operator, Exxon Neftegaz limited, according to the report.
Russia's first LNG plant in Sakhalin - Sputnik International, 1920, 08.10.2022
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Japan Reportedly Gathering Data to Forecast Impact of Russia's Decision on Sakhalin-1
Earlier this week, Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura said the government aims to preserve interests in Russia's Sakhalin-1 project and has made a relevant request to Sodeco, which has a 30-percent stake.
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