A new company established by the Russian government to take over the Sakhalin 2 oil and natural gas development project in the Far East of Russia has announced that it has begun full-scale operations, and production and shipment of oil and gas will continue without hindrance. I emphasized that

On the 5th of this month, the Russian government established a new company, Sakhalinskaya Energia, to take over the Sakhalin 2 oil and natural gas development project, in which a major Japanese trading company also invests.



On the 19th, the new company announced on its official website that it has started full-scale activities.



In addition, it emphasizes that stable oil and natural gas extraction is maintained at the Sakhalin 2 production base, and that production and shipment are proceeding smoothly according to this year's plan.



"Our absolute priorities are the safety and health of our employees and ensuring continuous and reliable production," said Oleynikov, the new president of the company.



Regarding Sakhalin 2, major Japanese trading companies Mitsui & Co. and Mitsubishi Corporation have invested, but the Russian side is required to acquire the shares of the new company at the current investment ratio within one month from the establishment of the new company. We are asking you to inform us whether you agree to



The Japanese government has asked trading companies to positively consider participating in the new company, and Mitsui and Mitsubishi are expected to make a decision by the end of this month.