The Japanese authorities are studying the impact of US sanctions against Arctic LNG-2, Novatek's natural gas and liquefied natural gas (LNG) production project on the Gydan Peninsula in Russia.
The Japanese Foreign Ministry noted that given the fact that Japan Arctic LNG company owns shares in the Russian project, a decision should be made that does not harm Japan's energy security.
At the same time, the ministry stressed that the country maintains its presence in the Sakhalin-2 project. Japan is the largest importer of LNG, and the Sakhalin plant provides 9% of of its gas supplies.
At the same time, the Japanese Foreign Ministry said that Japan intends to maintain sanctions against Russia, oilcapital.ru reports.
Alex Shishlo for Rough&Polished