Japan

Novatek closes Arctic LNG 2 transaction

Russian natural gas producer Novatek announced the closing of the sale of participation interests in Arctic LNG 2 Project to subsidiary of China National Petroleum Corporation, subsidiary of CNOOC, and the consortium of Mitsui & Co and Japan Oil, Gas and Metals National Corporation (Japan Arctic LNG).

Yamal LNG ships first LNG cargo to Japan

Russian natural gas producer Novatek announced Wednesday that Yamal LNG shipped the first LNG cargo to Japan in accordance with the long-term offtake agreement with French oil and gas company Total. The cargo was unloaded at the Tobata LNG Terminal.

New cooperation eyes Northern Sea Route development

On 26 February, Japanese MOL signed a Memorandum of Understanding with the Far East Investment and Export Agency, under the Ministry of the Russian Federation for the Development of the Far East, to cooperate in the development of the Northern Sea Route and the Russian Far East.

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