WASHINGTON--The Sakhalin-2, an oil and gas extraction project two Japanese trading companies have a stake in, will not be affected by new global sanctions soon to be imposed on Russian petroleum ...

The 120 MW modern thermal power plant was commissioned in 2019. The design annual output of the new plant is 840 mln kWh, which is equivalent to a third of Sakhalin’s demands for electricity.

Tokyo will respond to decisions of the Russian side on the Sakhalin-1 on the basis of the relevant decree and consultations with stakeholders, Yasutoshi Nishimura noted TOKYO, October 9.

The Russian government on Aug. 2 ordered that a new operator be established for the Sakhalin-2 gas and oil extraction project, according to a report on Aug. 3 by the Russian state-owned news ...