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Tag Archives: Sakhalin-2 (oil and gas project)

Economic and Environmental Risks in Abe’s Energy Investments in Russia

In 2019, Japan’s involvement in the Russian energy sector increased significantly, most notably with the purchase by a Japanese consortium of a 10% stake in Russia’s Arctic LNG-2 project. The Abe administration evidently hopes that these new investments will bring benefits, both in terms of energy economics, and as a means of furthering Prime Minister Shinzo Abe’s ambition to settle Japan’s territorial dispute with Russia. In both respects, the Japanese leadership risks disappointment.