
TOKYO -- Japan could pay one-third more per year for imported liquefied natural gas if it exits the Sakhalin-2 LNG project in Russia, a potentially fateful decision for the energy-poor Asian nation.
Sakhalin-2 in the Russian Far East produces 10 million tons of LNG a year, with roughly 60% of the output going to Japan. This accounts for virtually all of Japan's LNG imports from Russia.