by Yuka Obayashi
TOKYO (Reuters) – JERA has signed an agreement with the new operator of Russia’s Sakhalin-2 energy project to maintain long-term deliveries of liquefied natural gas (LNG), a spokesman for the country’s biggest power producer said on Friday. Japan.
Vladimir Putin signed a decree at the end of June creating a new company to take over the rights and obligations of the Sakhalin Energy Investment Co, in which Shell and the two Japanese trading companies Mitsui & Co and Mitsubishi Corp held just under 50%.
Japanese companies that had long-term contracts to buy LNG from Sakhalin-2 received a new contract offer from this new operator, Sakhalin Energy LLC.
“Key terms such as volume, price and currency (of payment) remained the same as in the previous contract,” the JERA spokesman told Reuters, but did not give further details.
Other Japanese buyers have yet to make a decision.
Kyushu Electric Power is leaning towards maintaining its long-term contract, a spokesperson said. Tokyo Gas said it was still studying the matter, while Saibu Gas Holdings and Tohoku Electric Power said they were evaluating contract details.
Toho Gas, Hiroshima Gas and Osaka Gas declined to comment.
Sakhalin Energy also said on Friday that it was looking for new markets and new customers.
“We are now actively engaged in finding new markets and expanding our portfolio of buyers, thereby increasing the competitiveness of Sakhalin’s LNG,” its director Roman Dashkov said in a statement.
(French version Valentine Baldassari, edited by Sophie Louet)
click here for restrictions
©2022 Reuters
