Japan and Russia confirmed their mutual interest in the project for “Sakhalin – Hokkaido” gas pipeline, Interfax reports on Friday.
The parties agreed to intensify the project’s development at a level of economic entities, the press service of the Ministry of Russian Far East Development announced following the talks between Russian President Vladimir Putin and Prime Minister of Japan Shinzo Abe in Nagato, Yamaguchi Prefecture in Japan. The negotiations held on Thursday were also attended by the Russian Minister for Far East Development, Alexander Galushka.
The project involves laying an onshore gas pipeline from Sakhalin to the port of Wakkanai located on the Japanese northern island of Hokkaido, and then its extension to Tokyo Bay. The report also says that Vladimir Putin has invited Japanese investors to participate in the creation of the Amur gas processing plant in the Amur region of Russia.