In response to the establishment of a new company by the Russian government to take over the operations of the Sakhalin 2 oil and natural gas development project, Minister of Economy, Trade and Industry Nishimura announced on the 17th that Mitsubishi Corporation, a major trading company, will establish a new company in Tokyo. I asked them to positively consider participating in the company.
Sakhalin 2 is funded by major trading companies Mitsubishi Corporation and Mitsui & Co., Ltd. On the 5th of this month, the Russian government established a new Russian company to take over the project, and the two companies will participate in the new company within a month. It has been requested to inform the Russian side whether or not.
Regarding this, Minister Nishimura met with Katsuya Nakanishi, President of Mitsubishi Corporation in Tokyo on the 17th and requested that he positively consider participating in the new company.
The government says that Sakhalin 2 is essential for a stable energy supply because it accounts for about 9% of Japan's LNG (liquefied natural gas) supply, and has already requested Mitsui & Co. to do the same. .
In response to the request from the government, Mitsui & Co. and Mitsubishi will proceed with full-fledged consideration of whether or not to participate in the new company, and are expected to make a decision by the 4th of next month, which is the deadline for notifying the Russian side. can be