Skip to main content
Best News Website or Mobile Service
 
WAN-IFRA Digital Media Awards Worldwide
Best News Website or Mobile Service
 
Digital Media Awards Worldwide
Hamburger Menu

Advertisement

Advertisement

Business

Japan says Sakhalin 1, 2 projects are 'extremely important' for stable energy supply

Japan says Sakhalin 1, 2 projects are 'extremely important' for stable energy supply

FILE PHOTO: A vessel leaves the Orlan oil plattform at Sakhalin-1's off-shore rig at the Chaivo field, some 11 km (7 miles) off the east cost of Sakhalin island October 10, 2006. REUTERS/Sergei Karpukhin (RUSSIA)

TOKYO : Japan's Chief Cabinet Secretary said on Monday the Sakhalin 1 oil and Sakhalin 2 liquefied natural gas (LNG) projects in Russia are "extremely important" for the country's stable energy supply and it does not intend to abandon its stake in the project.

Hirokazu Matsuno's remark came after Japan decided to phase out Russian oil imports after agreeing on a ban with other Group of Seven nations (G7) to counter Moscow's invasion of Ukraine.

Source: Reuters
Categories

Advertisement

Also worth reading

Advertisement