Industry and political observers are waiting to see if Japan will cut ties with Russian liquefied natural gas projects, as many Western players have done, or continue Tokyo’s pragmatic stance of putting the nation’s energy security ahead of other concerns.

Japan’s Mitsui and Mitsubishi have 12.5% and 10% stakes, respectively, in Gazprom’s two-train Sakhalin 2 project, which is producing 9.6 million tonnes per annum, in Russia’s far east.

Meanwhile, compatriots Japan Oil, Gas & Metals National Corporation (Jogmec) and Mitsui, via the Japan Arctic 2 joint venture, hold a combined 10% interest in the Novatek-led consortium’s Arctic LNG 2 project.