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Published 2 years ago

Bloomberg: Russia's redistribution of ownership of Sakhalin-2 will push Japan to compete with Europe

Summary by Ground News
Russia's decision to redistribute ownership of the Sakhalin-2 project could further narrow global markets. Japan is considering replacing Russian supplies on the spot market or elsewhere, Commerce Minister Koichi Hagiuda said. Japan has already turned to government officials in the United States and Australia with a request to increase supplies in order to reduce dependence on Russia.

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