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

Yuka Obayashi
Tuesday, November 1, 2022

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)


Categories: Energy LNG Industry News Activity Arctic Europe Production Asia

Related Stories

Iberdrola Invests in Offshore Wind Coatings Start-Up

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Deep C Delivers Lifting Tool for North Sea Decommissioning Project

Current News

Oil Edges to 2-Week High on Ukraine News

EMGS to Conduct CSEM Survey Offshore India

Poland to Open New Areas for Offshore Wind Development in Baltic Sea

Swedish Firm Eyes Multi-Megawatt Wave Energy Farm Off Grenada

Subscribe for OE Digital E‑News