Tokyo announced its intention to keep the shares of Japanese companies in the Sakhalin-1 project

Earlier, Russian President Vladimir Putin signed a decree on the application of special economic measures in the field of finance and the fuel and energy complex due to unfriendly actions of countries and organizations.

The decree covers, in particular, shares in production sharing agreements (PSA) Sakhalin-1 and the Kharyaga PSA.

“We know about the decree of the Russian president.

We understand that before the end of the year, transactions with shares and other assets of Sakhalin-1 will become impossible, ”RIA Novosti quotes Khagiuda as saying.

The Minister added that this project is important for Japan as a source of oil supplies outside the Middle East.

On August 5, the Ministry of Economy of Japan announced that Mitsui and Mitsubishi should remain in the Sakhalin-2 oil and gas project.