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

Yuka Obayashi
Tuesday, November 1, 2022

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)


Categories: Energy LNG Industry News Activity Arctic Europe Production Asia

Related Stories

Shell Lifts Gas Guidance, Sees Trading Boost

ADNOC Launches Global LNG Trading Powerhouse

ADNOC’s XRG Expands Stake in Rio Grande LNG Project in Texas

Current News

ECIT Global Launches New Suite of Safety Courses

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Hill v. Jackson Offshore and the Delegation Clause

NextFloat Floating Wind Pilot Clears Key Spanish Regulatory Hurdle

Subscribe for OE Digital E‑News