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Mainichi Daily News: Japan, Netherlands confirm cooperation on Sakhalin II

Japan and the Netherlands agreed Tuesday to cooperate closely in efforts to ensure the smooth progress of the Sakhalin II gas and oil project.

Japanese Minister of Economy, Trade and Industry Akira Amari reached the agreement at a meeting with visiting Dutch Economy Minister Joop Wijn.

Specifically, the two countries will urge the project’s participants to address the environmental issues caused by the project in line with Russia’s requests.

Japan and the Netherlands will also urge Russia to fulfill its obligations as a modern state, including compliance with contracts on the project.

The project, off Sakhalin Island in the Russian Far East, involves Sakhalin Energy Investment Co., held jointly by Royal Dutch Shell PLC and Japanese trading houses Mitsui & Co. and Mitsubishi Corp.

Wijn said the Dutch government has asked the chief executive officer of the oil giant to provide information to its Japanese partners in the consortium. (Jiji Press)

October 24, 2006

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