2022-08-30 10:55:00
RUSSIAN LNG FOR JAPAN ANEW
REUTERS - Aug 30 - Japan's biggest city gas supplier Tokyo Gas Co Ltd (9531.T) has signed a long-term contract with a new Russian operator of Sakhalin-2 energy project to buy liquefied natural gas (LNG), a spokesperson for the Japanese company said on Tuesday.
The main conditions such as volume remained the same as the previous contract, he told Reuters, without elaborating.
The move follows JERA, Japan's biggest power generator, which said last week that it had signed a deal with the new Sakhalin-2 operator to maintain long-term deliveries of LNG.
Russian President Vladimir Putin signed a decree in June taking charge of the project, creating a new legal entity to deal with for buyers and shareholders, which include Shell (SHEL.L) and Japanese trading houses Mitsui & Co (8031.T) and Mitsubishi Corp (8058.T).
-----
Earlier:
2022, August, 29, 11:55:00
JAPAN'S NUCLEAR FUEL RESTART
Prime Minister Fumio Kishida has recently called for Japan to work to restart its idled nuclear power reactors and to look into an expansion of nuclear energy as the country tackles a crisis of tight power supply and demand.
2022, August, 25, 09:50:00
JAPAN NUCLEAR WILL UP
Since then, the public has been skeptical about nuclear power and Japan has made strict safety updates at plants throughout the country.
2022, August, 8, 12:30:00
JAPAN NEED RUSSIAN OIL GAS
"Sakhalin-1 is a valuable non-Middle East source for Japan, which depends on the Middle East for 90% of its crude oil imports," said Haguida, the minister for economy, trade and industry.
2022, July, 5, 11:50:00
RUSSIAN LNG CONTROL
The decree created a new Russian firm that will take over all rights and obligations of Sakhalin Energy Investment Corporation.
2022, May, 31, 12:35:00
JAPAN NUCLEAR GROWTH
Japan's Prime Minister Fumio Kishida has said Japan will take firm steps to restart idled NPPs to make maximum use of nuclear power to stabilise energy prices and supply,
