Sanctions imposed by the US Treasury Department on Russia’s large gas liquefaction facility Arctic LNG 2 threaten Japan’s energy security. In this respect reports Bloomberg.
Tokyo has repeatedly stated that fuel from Moscow is needed to meet its energy needs. The Japanese government is one of the investors in the facility.
Japan currently has a ban on coal imports, and natural gas has become one of the main fuels used to heat homes in the country. Tokyo also has few resources of its own, and after last year’s energy crisis local authorities have stepped up efforts to supply the country with liquefied natural gas.
Sanctions against Arctic LNG 2 can be considered an assessment of the professionalism of the Novatek gas company implementing it, its president Leonid Mikhelson said on Friday. A day earlier, Washington expanded its list of sanctions against Moscow, adding, in addition to the facility, seven Russian banks and St. Petersburg. Petersburg Stock Exchange, subsidiaries of Gazprom Neft, Bauman Moscow State Technical University, Cybernetics and Automation Research Center. AFK Systema.
What does this mean for customers of banks and exchanges? material “Newspapers.Ru”.
Previously Peskov stated On the adaptation of the Russian economy to Western sanctions.