Kishida: Sakhalin Project Decree Will Not Immediately Stop Lng Supplies

Kishida: Sakhalin project decree will not immediately stop LNG supplies

Japan's Prime Minister Kishida Fumio says it is unlikely that imports of liquefied natural-gas from Russia will stop immediately.

Kishida made the remarks after Russian President Vladimir Putin signed a decree on Thursday to replace the Sakhalin-2 project's operator with a new Russian firm. Japanese companies are major stakeholders in the oil and natural gas development project.

Kishida told reporters that unspecified measures could be taken concerning the project, but he thinks the decree will not lead to an immediate halt in LNG supplies.

Kishida added that the Japanese government should pay close attention to what the Russian side may require.

He also indicated that the government will cooperate with the Japanese stakeholders in dealing with the issue.