Mitsubishi set to join new Sakhalin-2 Russian operator

Energy Disrupter

General – Sakhalin-2

Mitsubishi Corporation is set to issue a notice that it will participate in the new operating company for Sakhalin-2, a resource development project in the Russian Far East, Nikkei Asia has learned.

In August, Russia transferred operation of the project to a new company, forcing Japanese participants Mitsui & Co. and Mitsubishi to decide whether they would continue their investment. Mitsui has also decided it will announce its continued participation in Sakhalin-2.

Both companies are expected to announce their plans by the end of the month while closely watching developments in Russia.

Original Source: https://ocean-energyresources.com/2022/08/25/mitsubishi-set-to-join-new-sakhalin-2-russian-operator/