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

GMS Scoops Middle Eastern Jack-Up Vessel Deal

GMS Scoops Middle Eastern Jack

Eidesvik Offshore Secures Work for Viking Princess PSV

Eidesvik Offshore Secures Work

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Yinson Production Cuts First S

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

MOL Gets ClassNK Approval for

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine