Japan to take all steps to ensure uninterrupted Sakhalin-2 LNG supply from Russia

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TOKYO :Japan will take all possible measures to prevent disruptions in securing a stable supply of liquefied natural gas from Russia's Sakhalin-2 project following new U.S.sanctions, Japan Industry Minister Yoji Muto said on Friday.

Gazprombank is one of Russia's largest banks and is partially owned by Kremlin-owned gas company Gazprom.

Separately, the president of Osaka Gas, a buyer of Sakhalin 2 LNG, said the new U.S.sanctions will not affect its settlement process for procuring the fuel.

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Category: EconomyBusiness

Markets: SingaporeJapanUkraineUnited States

Topics: Russia President Industry Transactions Friday Japan Minister Gazprombank Muto Sanctions Sakhalin-2

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 13:53:42 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23761578

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