Russia, Japan to Join Hands in LNG Production on Sakhalin – Media

Russia views Japan as a strategic partner in its bid to ramp up the production of liquefied natural gas on its Far Eastern Sakhalin Island, Japanese media reported Saturday.

During his meeting with foreign news agency executives in St. Petersburg on Friday President Vladimir Putin mentioned the joint development of natural resources and the production of LNG on Sakhalin Island as the bedrock of this country’s cooperation with Japan.

“Our production capacities proved bigger than expected,” Kyodo news agency quoted the Russian leader as saying.

Vladimir Putin also said that the government planned an increase in LNG production in Russia.