M/SUNNY
Japanese gas and electric utilities with long-term contracts to buy liquefied natural gas (LNG) from the Sakhalin-2 project in Russia have received a new contract offer from the newly formed Russian operator, some companies said Wednesday.
The Russian entity was registered on Aug. 5 to replace the project operator Sakhalin Energy as Moscow rewrites rules for foreign firms operating in the country amid global sanctions after its invasion of Ukraine.
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