Tag Archives: Mitsui Group

Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas (LNG) project in Russia, a senior executive said on Wednesday, adding the operation was continuing super-chilled fuel exports to Japan. “We have decided last year to keep our stake in the Sakhalin-2 after …

LNG production from the project is slated to start around 2023 with an annual capacity of 19.8 million tons.

Tokyo is pressing Mitsubishi and Mitsui to make a decision.

Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.

Sakhalin Energy is a joint venture between Gazprom (50%). Shell (27.5%) and Japanese trading houses Mitsui (12.5%) and Mitsubishi (10%).

It is expected to become the biggest power station in Bangladesh behind the 2.4GW Rooppur Nuclear Power Plant which is being built in Pabna District by a Russian firm.

Novatek is one of Russia’s largest independent producers of natural gas.

Tokyo Gas. Osaka Gas. Mitsui set sights on Philippine LNG project.

The project is ADWEA'.S first foray into renewable energy.

The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.