Putin ordered: Russian New Company takes over "Sahalin No. 2"

[Global Times Comprehensive Report] Russian President Putin signed a decree on June 30. Under the circumstances of the West, Russia will set up a new company to take over Russia and Japan's energy cooperation development project "Sahalin 2".Essence

The shareholders of the "Sahalin 2" project include Russia's Natural Gas Industry Co., Ltd., Shell Company, Japan's Mitsui Products and Mitsubishi Group.According to Putin signed, Russia's shares will be reserved, and the Russian government will notify other shareholders to obtain shares in the new company within one month."Japan Economic News" reported on the 1st that foreign shareholders of "Sahalin 2" can participate in the project as a shareholder of new limited legal persons, but premise that the Russian government agrees with the conditions of the Russian government.8.8%of Japan's imported LNG comes from Russia, most of which come from the "Sahalin 2" project.The Japanese Prime Minister Kishida Tato said on the 1st that the Russian relevant laws and regulations do not mean that the supply of LNG will be suspended immediately, and the Japanese side will pay close attention to the impact of the decree.

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