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Tokyo ready to consider Novatek’s LNG projects as priority for development — media

December 03, 2016, 4:16 UTC+3 TOKYO
According to Kyodo, Novatek’s projects may be included in the list of 30 priority projects on which the Japanese side is ready to focus in the framework of developing bilateral economic cooperation
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TOKYO, December 3. /TASS/. The Japanese government is ready to consider new gas projects of the Russian Novatek company as priority for development in the framework of promoting economic cooperation with Russia, Kyodo news agency reported on Saturday.

According to Kyodo, Novatek’s projects may be included in the list of 30 priority projects on which the Japanese side is ready to focus in the framework of developing bilateral economic cooperation. The agency noted that Japanese Prime Minister Shinzo Abe may voice this initiative at the upcoming meeting with Russian President Vladimir Putin which will take place during Putin’s visit to Tokyo on December 15-16.

Tadashi Maeda, CEO of Japan Bank for International Cooperation (JBIC), earlier told TASS that JBIC’s leadership hopes to sign necessary documents during Putin’s visit to Tokyo for receiving a 200 mln euro loan for implementing the Yamal LNG project.

At the start of November, Japanese Minister of Economy, Trade and Industry Hiroshige Seko, who is also responsible for developing economic cooperation with Russia, visited Moscow. During his trip, he said that Russia and Japan chose around 30 priority projects for cooperation.

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