Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian Ministry of Health in Gaza: The total number of Palestinians killed due to famine and malnutrition has risen to 313, including 119 children
Ministry of Health in the Gaza Strip: 10 people, including two children, have died of starvation in the past 24 hours
Al Mayadeen's correspondent in South Lebanon: US envoy Tom Barrack cancels his visit to Tyre and al-Khiam amid popular protests
Al Mayadeen's correspondent in Lebanon: Israeli occupation forces carried out an explosion in the southern border town of Kfar Kila
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.

Japan's government intends to secure participation in Sakhalin-2

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Jul 2022 08:20
3 Min Read

Tokyo continues to regard the Sakhalin-2 project as critical in terms of supplying Japan with power and gas and intends to ensure its participation in the project.

  • x
  • Japan's government intends to secure participation in Sakhalin-2.
    Japan's government intends to secure participation in Sakhalin-2.

The Japanese government intends to ensure its participation in the Russian Sakhalin-2 oil and gas project, according to the Japanese news agency Kyodo, citing official sources.

The government is now in talks with Japanese corporations Mitsui and Mitsubishi regarding participation in the project. In early July, Russian President Vladimir Putin issued a decree for Russia to establish a new project operator to take over Sakhalin-2 from Sakhalin Energy Investment Co, according to the article.

Gazprom of Russia will retain a 50 percent plus one shareholding. Shell has already pledged to sell its 27.5 percent interest, while Mitsui and Mitsubishi are said to be holding 12.5 percent and 10 percent stakes, respectively.

The infrastructure consists of three offshore platforms, an integrated onshore processing complex, an oil shipping terminal, and a 9.6 million tonnes per year LNG plant.

The project provides Japan with 10 percent of its total LNG imports. Sakhalin-2 contributes to around 9 percent of Japan's LNG imports. 

Earlier this month, a senior Japanese official told the Yomiuri Shimbun Daily that Tokyo will protest any discrimination against the Mitsui and Mitsubishi holding companies in the Sakhalin-2 oil and gas project.

Related News

China to showcase hypersonic weapons at WWII anniversary parade

Japan's exports suffer sharpest decline in four years amid US tariffs

"Contracts with Japanese enterprises must be honored," the official in the Japanese Foreign Ministry was quoted as saying in a published article. 

On Thursday, Russia's President signed a decree allowing Moscow to establish a new operator to take over the Sakhalin-2 project from Sakhalin Energy Investment Co.

Mitsui, Mitsubishi to continue participation 

Japanese corporations Mitsui and Mitsubishi will continue their participation in the Russian Sakhalin-2 project, in which their joint share amounts to 22.5 percent, the Nikkei newspaper reported, citing informed sources.

According to the newspaper, Japan’s interests in the project are significantly different from those of Europe. In particular, in early March, Mitsui and Mitsubishi sent documents to the Japanese Economy Ministry, which include statements about the risks of an early exit from the project, and this being “in interests of China.”

Nikkei estimated that around 60 percent of the liquefied natural gas (LNG) produced at Sakhalin-2 is intended for supplies to Japan, which constitutes most of the LNG deliveries from Russia to Japan.

Sakhalin 2 project

The Sakhalin 2 project is exploring two reserves - Piltun-Astokhskoye and Lunskoye - in the Okhotsk Sea. The infrastructure includes three offshore facilities, an onshore processing facility, an oil shipping terminal, and an LNG plant.

The Sakhalin Energy company manages the project. Fifty percent plus one share of Sakhalin Energy belongs to the Russian company Gazprom, 27.5 percent minus 1 share — to Shell, 12.5 percent to Mitsui & Co. Ltd, and 10 percent to Mitsubishi Corporation.

  • Japan
  • Mitsubishi
  • Mitsui
  • Sakhalin-2
  • Gazprom
  • Vladimir Putin
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025
The ‘Arab Façade’ for Israeli occupation in Gaza

The ‘Arab Façade’ for Israeli occupation in Gaza

  • Opinion
  • 23 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A scene showing an al-Qassam Brigades fighter during an ambush on July 7, 2025, in a video released by the al-Qassam Brigades on August 26, 2025 (al-Qassam Brigades Military Media)
Politics

Al-Qassam reveals Beit Hanoun ambush targeting Israeli forces

A Palestinian youth stands on a hill overlooking IsraelI Ofer Prison, near the West Bank city of Ramallah, Wednesday, July 3, 2024. (AP)
Politics

77 Palestinian prisoners killed in Israeli prisons since October 7

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during a joint press conference with US deputy special envoy for Middle East peace Morgan Ortagus at the presidential palace in Baabda, Lebanon, Tuesday, August 26, 2025 (AP)
Politics

US envoy Barrack calls Lebanese journalists 'animalistic"'

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks (Photo by Mahdi Rtail)
Politics

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS