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International relations

Russia's Arctic LNG project aims to tempt fuel-hungry Japan

US shale revolution spurs Moscow to look east for new markets

Novatek's first Arctic liquefied natural gas plant, on Russia's Yamal Peninsula, began operating in 2017. The company is seeking Japanese support for the second.   © Reuters

TOKYO -- Russia's push for Japanese participation in an Arctic energy project comes as the world's largest natural gas exporter, faced with the rise of the U.S. as a rival, looks to Asia to diversify.

Russian gas company Novatek's Arctic-2 liquefied natural gas project is located on the Yamal Peninsula, where conditions are remarkably harsh even for the natural gas industry, which is known for plopping down work sites in jungles and deserts.

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