Japan, Russia agree to build gas plant
TOKYO, July 10 (AFP) - Japan and Russia have agreed to jointly build
a liquefied natural gas plant in Vladivostok, with five million tonnes
of output to be shipped to Japan annually, a newspaper said Saturday.
An official accord will be signed in November when Russian President
Dmitry Medvedev visits Japan to attend the Asia-Pacific Economic
Cooperation summit in Yokohama, southwest of Tokyo, the business daily
Nikkei said.
The new facility, expected to begin output as soon as 2017, will
liquefy natural gas delivered by pipeline from eastern Russia, the
newspaper said.
The Japanese trade and industry ministry as well as Japanese
companies such as Itochu Corp. and Japan Petroleum Exploration Co. will
be engaged in the construction, it said.
“Negotiations are progressing smoothly,” Gazprom Deputy Chairman
Alexander Medvedev told The Nikkei in an interview Friday.
Japan is the world’s biggest importer of LNG, it added.
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