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August 17, 2026
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SAKHALIN
WORLD
May 4, 2023
Russia races to replace western technology to boost gas exports
Desperate for new markets for its languishing surplus of LNG, Russia is on a mission to boost exports of the fuel by sea.
BUSINESS
/
Economy
Jan 23, 2023
Sakhalin reliance leaves Japan out of step with G7 despite holding presidency
Sakhalin-1 and Sakhalin-2 in Russia¡¯s Far East are an anomaly in Tokyo¡¯s otherwise lockstep efforts with allies to reduce dependency on Moscow¡¯s hydrocarbons.
BUSINESS
/
Economy
Nov 15, 2022
Russia allows Japan to keep stake in Sakhalin-1 oil and gas project
Tokyo had presented its policy of maintaining Âé¶¹´«Ã½ interest in Sakhalin-1, hoping to reduce the country¡¯s oil dependence on the Middle East, which stands at about 90%.
BUSINESS
/
Companies
Oct 18, 2022
Japan will continue talks with stakeholders to decide on Sakhalin-1 project
The industry ministry owns 50% of Sakhalin Oil and Gas Development Co., a consortium of Japanese partners including private firms, that holds a 30% stake in Sakhalin-1.
BUSINESS
Oct 18, 2022
Exxon exits Russia empty-handed with oil project ¡®unilaterally terminated¡¯
An Exxon spokesperson declined to comment on whether it will proceed to contest the seizure through an international arbitration process, a possibility flagged in August.
BUSINESS
Oct 8, 2022
Putin orders seizure of Exxon-led Sakhalin-1 oil and gas project
Russian President Vladimir Putin on Friday signed a decree that creates a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia¡¯s Far East.
BUSINESS
Aug 31, 2022
Russia approves Japan stakes in Sakhalin-2 energy project
Two Japanese trading houses will maintain stakes in the Russian oil and gas project despite Tokyo joining sanctions on Moscow over the war in Ukraine.
BUSINESS
/
Companies
Aug 25, 2022
Mitsubishi to apply for stake in new Sakhalin-2 LNG operator
The move comes after the Japanese government asked Mitsubishi to ¡®think positively¡¯ about joining the new entity as the Sakhalin-2 is a key source of stable energy supplies for Japan.
COMMENTARY
/
Japan
Aug 18, 2022
Pacific War hostilities didn¡¯t exactly end on Aug. 15, 1945
The Soviet Union, and thus Russia, permanently damaged Âé¶¹´«Ã½ trust with its actions in Sakhalin and the Kuril Islands.
BUSINESS
Aug 17, 2022
Japan utilities get contract offer from new Russian operator of Sakhalin-2
The Russian entity replaces the project operator Sakhalin Energy as Moscow rewrites rules for foreign firms operating in the country amid global sanctions after its invasion of Ukraine.
BUSINESS
Aug 6, 2022
Russia bans investors from ¡®unfriendly countries¡¯ from selling banking and key energy stakes
Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February.
BUSINESS
Aug 5, 2022
Japan government asks Sakhalin-2 stakeholders to ¡®think positively¡¯ about new entity
State gas company Gazprom will receive just over 50% of the entity replacing Sakhalin Energy, the current operator.
BUSINESS
/
Companies
Aug 4, 2022
Russia¡¯s Gazprom to get 50% of Sakhalin-2 LNG project replacement entity
Mitsui and Mitsubishi, which hold a combined 22.5% stake in the project, said separately that they are examining details of the new entity.
BUSINESS
Jul 29, 2022
Russia asks Sakhalin-2 LNG buyers to pay for gas through Russian bank
The red tape of switching could delay vital deliveries of the fuel just as the world is grappling with fuel shortages and soaring energy prices.
BUSINESS
/
Companies
Jul 21, 2022
Fate of Âé¶¹´«Ã½ interests in Sakhalin-2 project remains uncertain
The government hopes to help traders Mitsui & Co. and Mitsubishi Corp. keep their stakes after Moscow decided to effectively seize the project.
BUSINESS
Jul 6, 2022
Japan to lose Sakhalin-2 rights if Kishida supports oil price cap, Medvedev warns
The price cap plan would set an upper limit on international purchase prices of Russian oil, at around half the current level, in line with discussions by Group of Seven nations.
BUSINESS
/
Markets
Jul 4, 2022
Nervous staff and no bankers: Western firms struggle to exit Russia
Companies have been wrestling with how to exit in ways that limit the financial impact, do not put employees at risk and, in some cases, offer the opportunity to return in the future.
BUSINESS
/
FOCUS
Jul 2, 2022
Russia¡¯s move on Sakhalin-2 gas plant intensifies competition for fuel
Russia¡¯s move to reshuffle ownership of the project may constrict global markets even more by pushing Japan to compete with Europe for alternative sources of supply.
BUSINESS
Jul 1, 2022
Putin¡¯s swoop on Sakhalin-2 gas plant could force Shell and Japan firms out
Firms have one month to say whether they¡¯ll take stakes in the new company, and those who opt out may not be fully compensated, the statement said.
JAPAN
May 9, 2022
Japan to phase out Russian oil use but remain in Sakhalin energy projects
The ban ¡®in principle¡¯ on Russian oil imports is expected to come in stages, and is expected to have limited effect on Âé¶¹´«Ã½ supplies.
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