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

Equinor Upbeat About Investor Interest in US Offshore Wind Farm

Equinor Upbeat About Investor

GE Vernova Could Not Agree Turbines Switch on NY Wind Projects

GE Vernova Could Not Agree Tur

Hess Profit Jumps on Guyana Output in Positive Sign for Exxon

Hess Profit Jumps on Guyana Ou

Decarbonization Offshore O&G: Navigating the Path Forward

Decarbonization Offshore O&G:

Subscribe for OE Digital E‑News

Offshore Engineer Magazine