Mitsubishi intends to stay in the Sakhalin-2 project, Nikkei writes

LNG carrier “Grand Aniva” on the territory of Russia’s first liquefied natural gas (LNG). Archive photo

RIA Novosti. Japanese Mitsubishi Corporation decided to stay in the Russian project “Sakhalin-2” after the transition to the new operator, the newspaper “nikkey”.

“Mitsubishi Corporation decided on 25 August to announce his participation in the new operator of the project “Sakhalin-2″ in the Russian far East. Mitsui & Co. also intends to announce plans to stay,” the article says.

It is noted that both companies have to announce their decisions until the end of August.

However, as the paper notes, “still remains unknown whether or not the Japanese company approval from the Russian side after notice.”

“Sakhalin-2” — oil and gas project, which develops two deposits in the North-Eastern Sakhalin shelf — the Piltun-Astokhskoye (mostly oil) and Lunskoye (mostly gas), which also has an LNG plant with a design capacity of 9.6 million tons per year.

The Russian government 3 August decided to create a new operator project “Sakhalin-2” in the face of Sakhalin Energy registration in Yuzhno-Sakhalinsk. The new operator will be replaced by Sakhalin Energy Investment Company Ltd. According to the Unified state register of legal entities (EGRUL), the Manager of the project was the acting head of the Russian branch of Sakhalin Energy Andrey Oleynikov.

The Russian government 3 August decided to create a new operator project “Sakhalin-2” in the face of Sakhalin Energy registration in Yuzhno-Sakhalinsk. The new operator will be replaced by Sakhalin Energy Investment Company Ltd. As head of a new society in the Unified state register of legal entities (EGRUL) denotes acting head of the Russian branch of Sakhalin Energy Andrey Oleynikov.

In Sakhalin Energy Gazprom owns 50 percent plus one share, Shell — 27.5 per cent minus one share, Mitsui — 12.5 per cent, and Mitsubishi — 10 per cent.

Previously, Mitsui&Co, told RIA Novosti about the intention to make decisions on the “Sakhalin-2” through the joint efforts of the state and business. In early August, the Japanese government has announced that it has transferred the management of the companies wish to seek further participation in the project.

BestaAdept