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Itar-Tass: Gazprom to ensure stable gas supply from Sakhalin-2 to Japan

26.01.2007, 10.34
 
TOKYO, January 26 (Itar-Tass) – Chairman of the board of directors of Russia’s natural gas monopoly Gazprom Alexei Miller has promised that the company will stick to stability of supplies to Japan of liquefied natural gas produced within the framework of the Sakhalin-2 project, Japanese Economy, Trade and Industry Minister Akira Amari told journalists on Friday providing information on the results of a meeting between the Gazprom leadership and Director-General of the Japanese Agency for Natural Resources and Energy Harufumi Mochizuki held in Moscow.

In the words of the minister, Russia has also proposed to Japan to expand technological cooperation in the Russian natural gas industry. In particular, the minister specified, the Russian side is interested in technologies of industrial recovering of helium from natural gas.

In December last year, Gazprom became the holder of the controlling block of stock of the Sakhalin-2 project in which only foreign companies – the English-Dutch corporation Royal Dutch/Shell, as well as Japanese Mitsubishi and Mitsui had participated.

Long-term agreements on the purchase of a large amount of liquefied natural gas have already been concluded with Japan’s leading energy companies. The project participants will supply the LNG to external markets and Tokyo is interested in maximal stability of these supplies.
 

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