TOKYO : Japan's Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas project in Russia's Far East, including maintenance, even without Shell, its chief executive said on Friday.
Japanese trading companies Mitsubishi and Mitsui & Co retained their 22.5 per cent combined stakes in Sakhalin-2 after the Kremlin ordered the establishment of a new local operator in retaliation for Western sanctions imposed on Moscow after it sent troops into Ukraine last year.In April, the Russian government approved the sale of Shell's 27.5 per cent stake to local natural gas producer Novatek.
A senior executive at Mitsui said earlier this week that the trading house has no plans to withdraw from Sakhalin-2.
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