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

Venezuela Turns to Floating Oil Storage as Onshore Tanks Fill

Venezuela Turns to Floating Oi

North Sea Boulevard on Maasvlakte Reopens After TenneT Offshore Wind Cable Installation

North Sea Boulevard on Maasvla

Orsted Sells 55% Stake in Taiwan Offshore Wind Farm to Cathay

Orsted Sells 55% Stake in Taiw

Sperra Seaworks, Bardex to Advance Floating Construction Station for UK Offshore Wind

Sperra Seaworks, Bardex to Adv

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine