
TOKYO -- Japan "does not intend to withdraw" from oil and liquefied natural gas development projects in Russia, trade minister Koichi Hagiuda told reporters on Friday, as it makes a choice between energy security and further tightening sanctions on Russia for the war in Ukraine.
Japanese trading and other companies have invested in the Sakhalin-1, Sakhalin-2 and Arctic LNG 2 (ARC 2) projects. Each has been deemed essential to Japan's energy security.