Anti-Russian Alliance Fractures After Japan Decides To Stay In Russia’s Sakhalin-1 Energy Project
- Anti-Russian Alliance Fractures After Japan Decides To Stay In Russia’s Sakhalin-1 Energy Project
by Tyler Durden, https://www.zerohedge.com/
While Europe continues the unvarnished hypocrisy of pretending it is imposing draconian sanctions against Russian oil and gas, when instead it is merely buying the country’s natural resources via such middlemen as India and China (an exercise in virtue signaling that costs it a 20% mark-up to Russian prices), less than a year since the start of the Ukraine war, some countries have had enough of pretending.
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Today, the Japanese government decided to officially screw the sanctions, and remain involved in the (formerly Exxon-led) Sakhalin-1 oil and gas project in Russia, as it seeks a stable supply of energy (who doesn’t) despite international sanctions on Moscow over its invasion of Ukraine, the Nikkei reported.
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