Russian authorities informed Japanese companies about the transfer of the Sakhalin-2 project

globallookpress.com/Serguei Fomine/Russian Look
globallookpress.com/Serguei Fomine/Russian Look

The Russian authorities have officially notified Tokyo of the transfer of the Sakhalin-2 project to a new operator. As reported by the Nikkei, the Japanese companies Saibu Gas Co and Kyushu Electric Power Company, which buy liquefied natural gas, were notified.

It is noteworthy that instead of notification, the first company received a cooperation contract with a new supplier. The management of the enterprise will have to decide whether to sign the document or not.

Recall that on August 3, Moscow announced the creation of Sakhalin Energy LLC. It is this company that will become the next operator of the project after Sakhalin Energy Investment Company Ltd, the head of the Russian branch of which Andrey Oleinikov will take over as the managing successor company.

Earlier, Japanese Economy Minister Yasutoshi Nishimura announced that the Land of the Rising Sun expects to retain shares in both Russian gas projects, Sakhalin-1 and Sakhalin-2. According to him, almost the entire volume of liquefied gas exported from Russia falls on the second pipeline.

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