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April 20, 2024
 

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SAKHALIN 1

Japan Times
WORLD
May 4, 2023
Russia races to replace western technology to boost gas exports
Desperate for new markets for its languishing surplus of LNG, Russia is on a mission to boost exports of the fuel by sea.
Japan Times
BUSINESS / Economy
Jan 23, 2023
Sakhalin reliance leaves Japan out of step with G7 despite holding presidency
Sakhalin-1 and Sakhalin-2 in Russia's Far East are an anomaly in Tokyo's otherwise lockstep efforts with allies to reduce dependency on Moscow's hydrocarbons.
Japan Times
BUSINESS / Economy
Dec 20, 2022
Japan sounds out refiners on buying Russian oil from Sakhalin-2, sources say
The Sakhalin Island complex, partly owned by Gazprom and Japanese companies, is vital to Japan's energy security as it accounts for 9% of the country's liquefied natural gas imports.
Japan Times
BUSINESS / Economy
Nov 15, 2022
Russia allows Japan to keep stake in Sakhalin-1 oil and gas project
Tokyo had presented its policy of maintaining Japan's interest in Sakhalin-1, hoping to reduce the country's oil dependence on the Middle East, which stands at about 90%.
Japan Times
BUSINESS
Nov 4, 2022
Japan to maintain stake in Russia's Sakhalin-1 oil project
The move comes amid international sanctions on Russia over its invasion of Ukraine.
Japan Times
BUSINESS / Companies
Oct 18, 2022
Japan will continue talks with stakeholders to decide on Sakhalin-1 project
The industry ministry owns 50% of Sakhalin Oil and Gas Development Co., a consortium of Japanese partners including private firms, that holds a 30% stake in Sakhalin-1.
Japan Times
BUSINESS
Oct 18, 2022
Exxon exits Russia empty-handed with oil project 'unilaterally terminated'
An Exxon spokesperson declined to comment on whether it will proceed to contest the seizure through an international arbitration process, a possibility flagged in August.
Japan Times
BUSINESS
Oct 8, 2022
Putin orders seizure of Exxon-led Sakhalin-1 oil and gas project
Russian President Vladimir Putin on Friday signed a decree that creates a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia's Far East.
Japan Times
BUSINESS
Sep 20, 2022
Toho Gas renews deal to buy Russian LNG for stable energy supply
Toho Gas is the latest to join several other Japanese companies in continuing their investments in the Sakhalin 2 project.
Japan Times
BUSINESS
Aug 31, 2022
Russia approves Japan stakes in Sakhalin-2 energy project
Two Japanese trading houses will maintain stakes in the Russian oil and gas project despite Tokyo joining sanctions on Moscow over the war in Ukraine.
Japan Times
BUSINESS / Companies
Aug 25, 2022
Mitsubishi to apply for stake in new Sakhalin-2 LNG operator
The move comes after the Japanese government asked Mitsubishi to 'think positively' about joining the new entity as the Sakhalin-2 is a key source of stable energy supplies for Japan.
Japan Times
BUSINESS
Aug 24, 2022
Russia asks Sakhalin-2 customers to pay in rubles if sanctions halt dollar use
The demand adds complexity for customers of the project, mainly in Japan and South Korea, as the operator responds to sanctions targeting Moscow for its invasion of Ukraine.
Japan Times
COMMENTARY / Japan
Aug 18, 2022
Pacific War hostilities didn’t exactly end on Aug. 15, 1945
The Soviet Union, and thus Russia, permanently damaged Japan's trust with its actions in Sakhalin and the Kuril Islands.
Japan Times
BUSINESS
Aug 17, 2022
Japan utilities get contract offer from new Russian operator of Sakhalin-2
The Russian entity replaces the project operator Sakhalin Energy as Moscow rewrites rules for foreign firms operating in the country amid global sanctions after its invasion of Ukraine.
Japan Times
BUSINESS
Aug 6, 2022
Russia bans investors from 'unfriendly countries' from selling banking and key energy stakes
Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February.
Japan Times
BUSINESS
Aug 5, 2022
Japan government asks Sakhalin-2 stakeholders to 'think positively' about new entity
State gas company Gazprom will receive just over 50% of the entity replacing Sakhalin Energy, the current operator.
Japan Times
BUSINESS / Companies
Aug 4, 2022
Russia's Gazprom to get 50% of Sakhalin-2 LNG project replacement entity
Mitsui and Mitsubishi, which hold a combined 22.5% stake in the project, said separately that they are examining details of the new entity.
Japan Times
BUSINESS / Companies
Aug 3, 2022
Mitsui and Mitsubishi cut value of stakes in Sakhalin-2 energy project
Mitsui cut its investment value by u00a5136.6 billion and Mitsubishi by u00a581.1 billion after Russian President Vladimir Putin signed a decree in late June to seize control of the project.
Japan Times
BUSINESS
Jul 29, 2022
Russia asks Sakhalin-2 LNG buyers to pay for gas through Russian bank
The red tape of switching could delay vital deliveries of the fuel just as the world is grappling with fuel shortages and soaring energy prices.
Japan Times
BUSINESS / Companies
Jul 21, 2022
Fate of Japan's interests in Sakhalin-2 project remains uncertain
The government hopes to help traders Mitsui & Co. and Mitsubishi Corp. keep their stakes after Moscow decided to effectively seize the project.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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