Japan to boost Russian LNG imports despite sanctions

Tokyo plans to retain stakes in major energy projects in the sanctioned country Japan will soon benefit from its decision to retain stakes in Russian oil and gas projects despite joining Western sanctions on Moscow over the conflict in Ukraine, the Russian consul general in the city of Sapporo told RIA Novosti news agency on Tuesday. Sergey Marin said Tokyo may gain an additional 2 million tons of Russian liquefied natural gas (LNG) per year once the Arctic LNG 2 project in Russia’s Far East is launched. While Japanese firms froze new investment in March 2022 as part of sanctions, they have not withdrawn from the

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Last updated : 16 May 2023 clock 01:33 PM

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