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

©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

Migatron Launches New Ultrasonic Sensor

Migatron Launches New Ultrason

Brent Field Decommissioning Project Enters Next Phase

Brent Field Decommissioning Pr

Orsted says US Green Energy Demand Will Grow Regardless of Election Results

Orsted says US Green Energy De

Norclamp Introduces Infinity Clamp for Aging Subsea Pipelines

Norclamp Introduces Infinity C

Subscribe for OE Digital E‑News

Offshore Engineer Magazine