Japan expresses concern over sanctions on Russian LNG project ...Middle East

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Japan expresses concern over sanctions on Russian LNG project
Japan has very limited energy resources itself and is thus a huge net importer. Japan's Industry Minister Nishimura seems to be resinged to coping with the hand he has been dealt: Certain degree of impact to LNG businesses unavoidable, when asked about US sanctions against Russia's Arctic-2 LNG projectWill gauge impact with related parties and take appropriate actionWill take appropriate action to ensure stable energy supplyJapanese company Mitsui & Co says it will invest in the operating company of Russia's Arctic LNG 2 project.---Arctic LNG-2 project is Russia’s second major LNG project. New sanctions prohibit all related transactions without a special license from the US' Office of Forei

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