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

Norway Court Rules Against Oilfield Developments

Norway Court Rules Against Oil

Canada’s First Tidal Energy Array Authorized Using Adaptive Regulatory Framework

Canada’s First Tidal Energy Ar

Seaturns Advances Full-Scale Wave Energy Trials in France

Seaturns Advances Full-Scale W

Archer Scoops $110M Oil Services Extension off UK

Archer Scoops $110M Oil Servic

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine