TOKYO -- Russia has decided to establish a new operating company for the Sakhalin-2 oil and gas project, the government's Tass news agency reports, with Japanese stakeholders facing the decision of whether to maintain their interests.
Energy
Russia readies new Sakhalin-2 operator, putting Japan's stake on the line
Mitsui and Mitsubishi face decision on whether to stick with energy project
A Japanese liquefied natural gas carrier is anchored near Sakhalin. The Sakhalin-2 project is responsible for around 10% of Japan's LNG imports. © Reuters
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