Japan is interested in further supplies of Russian liquefied natural gas (LNG), said Dmitry Birichevsky, Director of the Department of Economic Cooperation of the Russian Foreign Ministry.
According to him, the key LNG project for Japan is Arctic LNG-2. The project involves the construction of three production lines with a capacity of 6.6 million tons of LNG per year. Tokyo is expected to purchase two million tons of liquefied natural gas annually, 1prime.ru reports.
In November last year, the US Treasury imposed sanctions against Arctic LNG 2 LLC, a subsidiary of Novatek, which implements the project of the same name.
As noted by the Japanese media, due to restrictions, Japan will be forced to reconsider LNG procurement plans. In addition, a complete freeze of the project will lead to the transformation of Japanese investments into "bad loans".
"It is obvious that sanctions will hit the closest allies of the United States. For example, natural gas is one of the priority topics of our cooperation with Japan in the current difficult geopolitical conditions. As far as we understand, Tokyo is interested in further supplies of Russian gas," Birichevsky said.
Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished
