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Japan says it will ensure stable energy supply after US sanctions related to Arctic LNG-2 project

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Japan’s new Chief of Cabinet Secretary Matsuno Hirokazu announces new cabinet members at a news conference in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon/File photo Acquire Licensing Rights

TOKYO, Sept 19 (Reuters) – Japan will ensure stable and steady energy supply to the country in the wake of fresh U.S. sanctions related to Russia’s Arctic LNG 2 liquefied natural gas project, the top government spokesperson said on Tuesday.

Japan’s Chief Cabinet Secretary Hirokazu Matsuno also told reporters that the government was gathering information about the sanctions and its possible impact to Japan.

The Arctic LNG 2 project in Russia’s Arctic is operated by Russian company Novatek (NVTK.MM) while Japan’s Mitsui & Co (8031.T) and fellow Japanese firm JOGMEC hold a combined 10% stake.

Reporting by Mariko Katsumura; Editing by Jacqueline Wong

Our Standards: The Thomson Reuters Trust Principles.

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