Saturday 30 September 2006
Yoshikuni Sugiyama
The government compiled in May an energy policy outline titled “New National Energy Strategy,” with the aim of increasing its ratio of independent oil development. However, its plan has already taken a battering thanks to a unilateral Russian ruling.
The Russian Natural Resources Ministry has decided to cancel the permit for the Sakhalin-2 natural gas development project off the coast of Sakhalin Island, citing problems with environmental conservation.