The Japanese agency Kido reported to an official from the Japanese Ministry of Finance that the oil obtained from the “Sakhalin-2” project is not included in the determination of Russian oil prices.
Today, on Friday, the Group of Seven raised the ceiling on the price of Russian oil at the meeting of the finance ministers of these countries in Berlin, and a statement was accepted in this regard.
In order to implement this method, it was decided to form a “broad international coalition” and prohibit the provision of any sea transportation services for Russian oil if it is sold at a price higher than the price ceiling set by the “broad coalition”.
The Sakhalin-2 project includes several fields whose recoverable reserves are estimated at 150 million tons of oil and 500 billion cubic meters of gas.
Last year, Russian Prime Minister Mikhail Mishustin signed a decree establishing the Sakhalin Energy Company as the operator of the Sakhalin-2 project.
Later, on June 30, 2022, Russian President Vladimir Putin signed a decree establishing a new company as the operator of the Sakhalin-2 project as a successor to the aforementioned company “Sakhalin Energy”, giving the foreign shareholders a month to buy shares. in proportion to their shares in the previous company.
Japanese trading and investment companies Mitsubishi and Mitsui have 12.5% and 10% shares in the project, respectively.
Source: TASS
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