TASS: Russia is Capable of Meeting all Japan’s Demands for LNG

Russia is ready and capable of meeting all Japan’s demands for the liquefied natural gas (LNG) on the account of available resources, Chief Executive Officer of Russia’s Rosneft Igor Sechin said on Friday.

"Gas resources are available and we are ready to satisfy all Japan’s gas demands on the account of our resources," Sechin said. "Certainly, this will require construction of relevant infrastructure and investments into production," he added. There is a need to set up "vertically integrated chains where all partners will understand their role, investment performance, and where everything will be transparent," Rosneft CEO said.

Rosneft suggests that Japanese companies take part in construction of the Rosneft’s LNG plant in the Far East, Sechin said. "This project is at the stage of proactive discussion and examination with our Japanese partners," he said. MORE