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

©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

Industry Leaders Set to Discuss Future of US Offshore CCS Market

Industry Leaders Set to Discus

Polish Shipbuilder Lays Keel for DOF’s New Offshore Support Vessel

Polish Shipbuilder Lays Keel f

ADNOC Partners with ExxonMobil, Occidental to Boost UAE Oil and Gas Capacity

ADNOC Partners with ExxonMobil

Estonia Grants First Offshore Wind Construction Permit

Estonia Grants First Offshore

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine