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Japan to keep stakes in Sakhalin projects — government

According to the report, Japan received 8.6% of its total liquefied natural gas imports from the Sakhalin 2 project

TOKYO, October 27. /TASS/. Japan intends at present to keep its stakes in Sakhalin 1 and Sakhalin 2 oil and gas projects in Russia in view of their criticality for energy security, according to the Japan’s Energy White Paper annual report prepared by the economy ministry.

"From the standpoint of supporting stable energy supplies in the midterm and long term, Japan currently intends to keep its stakes in Sakhalin 1 and Sakhalin 2 projects," the document indicates. Japan received 8.6% of its total liquefied natural gas imports from the Sakhalin 2 project, turning Russia into the third supplier of this fuel for Tokyo, according to the report. Oil is not currently purchased from the Sakhalin 1 project.