News Post
Mitsubishi decides not to invest in Russia's Arctic LNG-2 project
Japanese corporation Mitsubishi made a final decison not to invest in Russia’s Arctic LNG 2 project after conducting comprehensive studies, its Chief Financial Officer Kazuyuki Masu told a news conference.
This decision follows an earlier announcement that Novatek would sell a 10% stake in the Arctic LNG 2 project to the Japanse consortium of Mitsui and Co and Jogmec to become the fourth shareholder of the project.
Source: TASS & Reuters
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