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

Ramboll to Support Development of Renewable Energy Hub in Adriatic Sea

Ramboll to Support Development

Nautical SUNRISE to Test 5MW Offshore Solar Plant at Dutch Wind Farm

Nautical SUNRISE to Test 5MW O

Mermaid Sets Up Subsea Services JV in Vietnam

Mermaid Sets Up Subsea Service

Developers Postpone Cedar LNG Final Investment Decision

Developers Postpone Cedar LNG

Subscribe for OE Digital E‑News

Offshore Engineer Magazine