Japan industry minister asks firms to consider joining new Sakhalin 2 operator

No sanctions on Russia here?

Firms will surely jump at this once in a lifetime chance to throw away their capital at the behest of the crazy central planners.

This is a joke, right?

Ulysses:

No dear, Russia has plenty of other big clients. Japan needs Russia more than the other way round. Otherwise, please tell the Japanese government to go ahead with full sanctions. Nobody is forcing Japan (apart from USA).

China and Russia lapdogs? Lapdogs to whom? They're their own bosses. They put their people's own interests first, which is more than what I can say about Europe and Japan. I'm more amazed at their stupidity at shooting themselves in the foot simply because USA tells them to.

They could btw. even additionally step into the now vacant 27.5%

Why would Japan do that? Their stake is gone, and they've written down the value of their investments.

https://www.reuters.com/business/energy/japans-mitsui-mitsubishi-shave-17-bln-off-sakhalin-2-lng-stakes-2022-08-02/

In addition, JBfIC and other Japanese banks agreed to fund the project to the tune of $6.7 billion of which $3.7 billion has been transferred to the controlling company, now controlled by Putin.

It's a disaster, and what Hagiuda is trying to say is, go and beg Putin for your money back.

ulysses:

Each other.

That's not how lapdogs work. It's a one way relationship. Back to the drawing board.

China and Russia are equal allies. But then I guess everyone involved with the US of A wouldn't understand that. Like an abused wife in a destructive relationship where the husband commits domestic violence. Up to a point the wife just accepts it and finds it hard to get out of that relationship. Without hesitation, making dinner for the husband every night, and hoping the husband will praise her for the food.

Dear Japan, it is better for you to be a friend of Russia than a lapdog of the US..

Russia cant make friends. It is simply not able to... it can pretend for a while and make you believe but then after some time you wake up to realize you ve been scammed.

They could btw. even additionally step into the now vacant 27.5%. But that’s maybe a bit difficult to decide between politically forced pre specifications due to the Ukraine conflict and the original goal of stable energy supply.

That's not how lapdogs work. It's a one way relationship. Back to the drawing board.

They can take turns!!

China and Russia are equal allies.

Allies in mutual destruction!

Like an abused wife in a destructive relationship where the husband commits domestic violence.

Who is the abused wife, little putin or old xi?

Without hesitation, making dinner for the husband every night, and hoping the husband will praise her for the food.

putin will praise xi for the food, that’s for sure!!!

Russia cant make friends. It is simply not able to...

+1 to this ^, like dealing with China, it's only a matter time and your investment is obliterated just because you don't support their political cause.

Dear Japan, it is better for you to be a friend of Russia than a lapdog of the US..

No dear, Russia has plenty of other big clients. Japan needs Russia more than the other way round. Otherwise, please tell the Japanese government to go ahead with full sanctions. Nobody is forcing Japan (apart from USA).

Sure, yet Russia is begging Japan to invest.

China and Russia lapdogs? Lapdogs to whom?

Each other.

They're their own bosses. They put their people's own interests first, which is more than what I can say about Europe and Japan.

75,000 Russian troops killed in Ukraine would beg to differ, so would their families and friends.

I'm more amazed at their stupidity at shooting themselves in the foot simply because USA tells them to.

Russia is heading down the path of destruction, China will follow suit. We’ll be happy to see the end of two brutal dictators.

All Russia needs to do to stop that is stating that buyers must pay in Rubles or Yuans or Euros for oil, and watch the value of the USD collapse.

Russia is saying that and the dollar is stronger than ever.

logic fail, ROFL!!!!

C'mon, haven't learned a thing from the Nordstream disaster, have you.

Yeah, pump your money in that darned pipeline, support Putin's aggressor's war in Ukraine, and sooner or later you will be black-mailed, too. But always thinking a little late, now aren't we?

Dear Japan, it is better for you to be a friend of Russia than a lapdog of the US..

Ridiculous statement. Barely worth responding to but I'm lounging on the couch so here goes:

A democratic country siding with a dictatorship over an ally that provides its security against a monster that would like to see nothing less than a contained Japan, perhaps a militarily defeated one, for no other reason than to avenge a war that happened before 90% of the people alive today were born; Foolishness beyond rational words.

Some strong-arming regarding the refusal to move some bases and anger about airplane noise from said bases is a small price to pay for not being under a dangerous and unpredictable dictator's 'protective wing'.

Can't get my head around this decision. Has Hagiuda been living under a rock for the past six months, or has he been hanging around Gerhard Schröder too much?

...what he is trying to say is, now that Putin has shifted equity of the project into a new entity, ALL of Japan's equity stake has evaporated, and the only way to get it back is to tow the Putin line and get on hands and knees and beg for it back.

The risk of dealing with dictators and totalitarian states.

This is the beginning of the year of Japan's energy independence if there's any in the first place.

Japan will have to practically beg ASEAN harder from now on including allowing Southeast Asians to set their permanent foreign concessions in Japan. Only ASEAN is close enough and nice enough to provide cheap energy for Japan, while the Middle East and the United States will overcharge Japan for energy.

Russia is practically begging for money, Japan should consider investing in what is actually Japanese territory.

Dear Japan, it is better for you to be a friend of Russia than a lapdog of the US..

The coalition of lapdogs, China and Russia apparently are running out of money, fast!!!