Mitsubishi COR in August will notify the operator of "Sakhalin-II" on the decision to remain in the project

The Japanese corporation of Mitsubishi COR decided to keep the share in the oil and gas Sakhalin-II project and will notify on it the Russian operator until the end of August, write Japanese mass media. Mitsui (Conglomerate) Group also decided to remain in the project. After receiving confirmation from Mitsubishi COR and Mitsui (Conglomerate) & Co. Ltd. the Russian side has to within three days has to pass a final decision on their participation in the project. "Sakhalin-II" — the oil and gas project realized on the island Sakhalin Region on the terms of the agreement on the section of production (about 60% of the liquefied gas are intended for Japan). Project structure: three sea...