Russia has a strict order, Japan is going to be nervous again

New Russian oil and gas regulations make Japan nervous.

"The Japanese government requires Mitsui Group and Mitsubishi Group to actively consider participating in the" Sahalin-2 "project." The Minister of Economic and Industrial of Japan expressed the above attitude at a press conference on the 5th. On the same day of his remarks, Russia issued a stricter law to better control the Sahalin project.

"Sahalin No. 2" project data map Source: Foreign Media

"Sahalin-2" produces 10 million tons of liquefaction natural gas each year, of which 60 % of them are exported to Japan. Some Japanese energy companies are seriously dependent on Russia. After the outbreak of the Russian and Ukraine conflict, the uncertainty of Japan's natural gas procurement is getting higher and higher. Katsuya Katsui said on the 4th that Tokyo determined to retain his interests on the project ("Sahalin-2"), but the Japanese side had not received an exact timetable for creating a new operator from Russia. On the 3rd, the Russian government ordered the establishment of a new company to operate the "Sahalin-2" project, which aims to nationalize this project.

On the 5th, the Russian President Putin signed a decree on the same day to take special measures in the financial, fuel and energy fields according to the behavior of unfriendly countries. The resolution restricted the share transaction of "Sahalin-1" (the project is a joint shareholding of Japan and Russia), and Putin instructed the government to prepare a list of fuels and energy companies and banks within 10 days to prohibit their stock transactions from transaction. Essence

Global Times-Global Wang Zhen

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