Russia, Japan Oil and Gas
The strengthening relations between Moscow and Tokyo can make real the project of building a gas pipeline from Russia to Japan.
Gazprom has closed its representative offices in three countries - Turkey, Japan and India, this follows from the company’s new memorandum on it's eurobonds issue.
The Russian company Lukoil and Japan's Inpex have successfully completed testing of the first exploration well Erida 1 at Block 10 in southern Iraq.
Gazprom has announced the beginning of commercial negotiations with Chinese company CNPC on pipeline supplies of gas from Sakhalin.
In 2016, Japan reduced the oil purchases in Russia by 30.4% to 11.9 million kiloliters. This is stated in the Japanese Ministry of Finance’s report.
Novatek has signed a memorandum of understanding with Marubeni Corporation.
The head of the Russian Ministry of Energy held talks with the Minister of Economy, Trade and Industry of Japan Hiroshige Seco.
American and Japanese companies have shown great interest in working together in the oil and gas sector in Russia, said the Russian President Vladimir Putin.
According to the Japanese agency Kyodo, talks between the Russian and the Japanese sides on the construction of a gas pipeline to Japan are scheduled for mid-December.
State Japanese Bank for International Cooperation (JBIC) will provide the Yamal LNG project with for loan of 200 million euro, the Reuters reports, referring to head of JBIC Tadashi Maeda.