2022-03-28 11:40:00
JAPAN'S, RUSSIAN OIL & GAS PLAN
REUTERS- March 28 - The head of oil and gas developer Japan Petroleum Exploration Co (Japex) (1662.T) said its new mid- and long-term business plan, unveiled on Monday, was based on an assumption that it would keep its stake in the Sakhalin-1 oil and gas project in Russia.
But state-backed Japex is unlikely to make new investments in Russia's energy projects given the current Ukraine crisis, Masahiro Fujita, president and chief executive officer, told a news conference on Monday.
Japan's Sakhalin Oil and Gas Development (SODECO) owns a 30% stake in the Sakhalin-1 project from which Exxon has said it would exit. Japex owns 15.285% in SODECO.
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Earlier:
2022, March, 24, 13:20:00
RUSSIAN GAS IN ROUBLES
Gas prices surged 10%, with ICE Brent futures rising to $1,359/1,000 cu m, up from $1,240/1,000 cu m following Putin's remarks
2022, March, 22, 12:45:00
RUSSIA BYPASSES SANCTIONS
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2022, March, 15, 15:20:00
RUSSIA IS A KEY
In 2021, Russia was the largest natural gas-exporting country in the world, the second-largest crude oil and condensates-exporting country after Saudi Arabia, and the third-largest coal-exporting country behind Indonesia and Australia.
2022, March, 15, 14:40:00
JAPAN'S LNG INVESTMENT
Japan also intends to work on renewables and nuclear power in a bid to further diversify its energy sources, as part of its response to the G7 joint statement, which calls for reducing Russian energy dependency in phases, Hagiuda said.
2022, March, 14, 11:50:00
RUSSIA GUARANTEES ENERGY SECURITY
"Russia remains a reliable supplier, a world-class guarantor of energy security. We value this reputation, but are ready for a harsh confrontation in the energy sector, if the need arises,"
2022, February, 21, 11:45:00
RUSSIAN GAS DELIVERIES: THE LOWEST
"What we've seen over the last six months is that Gazprom has delivered always at the lowest level," she told the Munich Security Conference.
2022, January, 17, 11:25:00
JAPAN GAS PRODUCTION
Japan has found "considerable gas shows" in a series of the country's funded drilling operations conducted by INPEX until the fiscal year 2019-20 (April-March), marking the first domestic project, which enters an exploration phase with the support of the government's geological structure surveys,