The Japanese government urged Mitsui and Mitsubishi to agree to participate in the Sakhalin-2 oil and gas project. This was stated by Koichi Hagiuda, the country’s Minister of Economy, Trade and Industry. DEA News”.
He noted that Sakhalin-2 is an important project in terms of stable energy and gas supply to Japan.
“I talked to the manager of Mitsui&Co and asked him to think positively about joining a Russian company that is the new operator of the project,” Hagiuda said.
Former Russian Prime Minister Mikhail Mishustin signed a resolution Upon the establishment of Sakhalin Energy LLC as the new operator of the Sakhalin-2 PSA project, the company will be registered in Yuzhno-Sakhalinsk. The current head of the Sakhalin Energy branch will be the director of the newly created company.
At the beginning of August, Mitsui & Co., a large general trading company in Japan. and Japanese conglomerate Mitsubishi Corp. old version Valuation of assets in the Sakhalin-2 oil and gas project for 217.7 billion yen (about $ 1.6 billion).
In July, Kyodo reported that the Japanese government was in talks with Mitsui and Mitsubishi to retain their stake in the Sakhalin-2 project after Moscow decided to make a Russian LLC as the operator of the project.