Government to maintain interest in “Sakhalin 2” Analyze conditions on Russian side and consider response

In response to the announcement by the Russian government that it had decided to establish a Russian company to take over the "Sakhalin 2" project based on a presidential decree, the government aimed to maintain the interests of "Sakhalin 2" and analyzed the conditions presented by the Russian side. After that, we will consider how to deal with it in the future.

The government has positioned Sakhalin 2, which is funded by Japanese trading companies, as an important project from the perspective of a stable supply of domestic electricity and gas, and has consistently shown a stance of protecting the interests of Japanese companies.

Last month, the first meeting was held between Japan and the US Foreign Affairs and Economic Ministers in the economic version of the "2 plus 2", and we conveyed to the US side our policy of aiming to maintain our interests.

According to a presidential decree signed by Russian President Vladimir Putin, the Japanese side will decide within one month after the establishment of a new Russian company whether it will agree to acquire the shares of the new company at the current investment ratio. You have been asked to notify the Russian side.

The government's basic policy is to continue to maintain its interests in Sakhalin 2, and after analyzing the conditions presented by the Russian side, it will consider future responses while exchanging information with the trading companies that have invested in the project. increase.

Chief Cabinet Secretary Matsuno "Public and private sectors should work together"

At a press conference, Chief Cabinet Secretary Matsuno said that he was confirming the details and would like to refrain from making prejudiced comments about future responses, saying, "'Sakhalin 2' will contribute to the stable supply of electricity and gas in Japan. This is an important project from that point of view as well. I would like the public and private sectors to work together to protect the interests of Japanese companies and ensure the stable supply of LNG."

Furthermore, in order to reduce our dependence on energy from Russia, the government would like to promote initiatives such as diversifying energy sources, including renewable energy and nuclear power, and encouraging oil-producing countries to continuously increase production. said.