Arctic LNG 2 Project on Track for 2023 Output Start, Mitsui CFO

November 1, 2022

©Arctic LNG 2 Illustration - Credit: Saipem
©Arctic LNG 2 Illustration - Credit: Saipem

The Arctic LNG 2 project in Russia is on track to start production of the first train in 2023, Mitsui & Co Ltd Chief Financial Officer Tetsuya Shigeta said on Tuesday. 

The Japanese trading house intends to stay in the Sakhalin-2 gas and oil project as well as the [Arctic LNG 2] while complying with sanctions by Western nations on Russia, to contribute to Japan's energy security, Shigeta told a news conference. 

(Reuters - Reporting by Yuka Obayashi; Editing by Jacqueline Wong)




Current News

EVENT: Reuters U.S. Offshore Wind Returns to Boston

EVENT: Reuters U.S. Offshore Wind Returns to Boston

Dogger Bank: Equinor, SSE Looking to Expand World's Largest Offshore Wind Farm

Dogger Bank: Equinor, SSE Looking to Expand World's Largest Offshore Wind Farm

BOA OCV to Sell Subsea Construction Vessel BOA Sub C

BOA OCV to Sell Subsea Construction Vessel BOA Sub C

Sif to Build Jacket Piles for BorWin5

Sif to Build Jacket Piles for BorWin5

Subscribe for OE Digital E‑News

Offshore Engineer Magazine