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

Published

©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

Prosafe Nets $2.7M Extension for Safe Caledonia Flotel with Ithaca Energy

Prosafe Nets $2.7M Extension f

DeepStar Enlists 4Subsea for Polyester Mooring Line Monitoring Task

DeepStar Enlists 4Subsea for P

Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds

Ulstein Verft Launches First o

Drydocks World to Convert LNG Carrier into FSU for Gabon Project

Drydocks World to Convert LNG

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine