Tokyo, Oct. 9 (BNA): Japanese Trade Minister Yasutoshi Nishimura said on Sunday that the Sakhalin 1 oil and gas project in Russia is very important for Tokyo to ensure its diversified crude oil procurement.

Sakhalin 1 important for Japan oil procurement

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Published: 10-11-2022

Russian authorities have temporarily re-nationalised the foreign-led Sakhalin 1 oil and gas project in the country’s far east, as pressure grows to resume production from the development.

Russia takes control of Sakhalin 1 oil and gas project