Major trading houses Mitsui & Co. and Mitsubishi Corp. said Tuesday they will consult with the government to assess Shell PLC’s planned exit from its flagship oil and natural gas business in eastern Russia.
The British oil major said Monday it is exiting Sakhalin 2, its joint venture with Russian energy company Gazprom and a massive oil and gas project located on Sakhalin island, following Russia’s invasion of Ukraine.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.