Russia Oil and Gas, Mitsui

Mitsui plans to make final investment decision on the Sakhalin-2 project by the end of 2018

The Japanese company Mitsui plans to take a final investment decision on the Sakhalin-2 project by the end of 2018, the company’s executive director Fujiwara Hiroutatsu told the Bloomberg.

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"Novatek" sees the possibility of a significant reduction in the cost of LNG production – Michelson.

"Novatek" saw the possibility of a significant reduction in the cost of production of liquefied natural gas (LNG) and, as a consequence - increase in its production, the head of the compa

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Gazprom and Mitsui plan to extend Sakhalin-2

A working meeting of chairman of the Gazprom’s Board Alexei Miller and chairman of the Mitsui’s Board Masami Iijima has taken place.

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Gazprom and Mitsui discuss prospects of cooperation in the field of low-tonnage LNG

A. Miller has held a meeting with director-representative and chairman of the Mitsui’s Board of Directors M. Iijima.

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Mitsui is ready to invest over $1 bln in Sakhalin-3

The Japanese company Mitsui, which is the investor of the Sakhalin-2 project, is ready to invest in the "Sakhalin-3 project, its CEO in Russia Hiroshi Meguro told reporters on the margins of t

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EEF 2016: Gazprom and Mitsui agree to cooperate in LNG bunkering segment.

Gazprom and Mitsui had agreed on cooperation in the bunkering segment of sea transport in the Russian Far East and the Asia-Pacific Region (APR), Gazprom reported on September 2, 2016.

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Japanese corporation interested in the construction of a refinery and small LNG plants on Sakhalin

Japanese companies JGC, Mitsubishi Corporation and Mitsui & Co Ltd have been interested in participation in the Sakhalin region’s projects for the construction of small LNG plants, refinery and creation of gas chemical production, the press centre of the Government of the Sakhalin region reports.
This issue was discussed at the meetings in Tokyo with leaders of these companies by the Russian delegation, headed by the plenipotentiary representative of the President in the Far Eastern Federal District Yuri Trutnev. The delegation also included the Sakhalin Governor Oleg Kozhemyako.
The Russian delegation discussed the prospects of the further development of the Sakhalin-2 project with the leadership of the corporations Mitsubishi Corporation and Mitsui & Co Ltd. "The prospects are connected with the construction of the third production line of the LNG plant of the Sakhalin-2 project, increase in the output of products, creation of the island gas chemical production. Also the Japanese corporations might be involved in the implementation of local projects, connected with the use of the Anivskoye gas field in the south of Sakhalin," – the statement says.

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Uzbekneftegaz is seeking investors for the project to expand the Shurtan Gas Chemical Complex.

National Holding Company "Uzbekneftegaz" retains plans for project expansion of ethylene production and subsequent release of the polyethylene at the Shurtan Gas Chemical Complex, Sputnik reports, citing a source in the company.
The total project cost is estimated at 478 million US dollars. The company is now exploring the possibilities of financing from its own funds and the possible attraction of credit resources from the Fund for Reconstruction and Development of Uzbekistan, as well as international investors.

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In April, Russian Federal Service for Ecological, Technical and Atomic Supervision to hold inspection of Sakhalin-1 and Sakhalin-2

In April, Russian Federal Service for Ecological, Technical and Atomic Supervision will hold inspection of Sakhalin-1 and Sakhalin-2, implemented on the basis of production sharing agreements (PSAs), said head of the Service Alexei Alyoshin.
"The next inspection will be held in April 2016 of this year," - he said. The inspection will be carried out under the constant supervision of the state, the head of the Department stated.

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Petrochemical companies of Tatarstan strengthen cooperation with large Japanese companies

Tatarstan’s President Rustam Minnikhanov has held a series of meetings with major Japanese companies in the framework of his working visit to Tokyo, said the press centre of the President.
So, Rustam Minnikhanov met with president of Toyo Engineering Corp Kiyoshi Nakao and managing director of Ikuo Mitsui Corporation Kasama. The sides discussed current projects of Toyo Engineering and Mitsui, implemented in Tatarstan, and outlined ways for further cooperation.

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