Japan will maintain Russia oil and gas projects: economy minister

Koichi Hagiuda cites energy security as reason to stay in Sakhalin and Arctic

20220401 Sakhalin-1 Russia

Japan says it is prioritizing energy security in declaring it will not withdraw from three Russian energy projects, including this one off the coast of Sakhalin, north of Hokkaido. © Kyodo

Nikkei staff writers

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.

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