REUTERS/Toru Hanai Acquire Licensing RightsTOKYO, Sept 16 (Reuters) - Japan's Mitsui (8031.T) said on Saturday it is committed to complying with restrictions in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 liquefied natural gas project in which it holds a stake.
However, a Japan government source said they could complicate how Mitsui and another Japanese shareholder JOGMEC provide support for the project and could also delay production from Arctic LNG 2.
The Arctic LNG 2 project in Russia's Arctic is operated by Russian company Novatek (NVTK.MM) while Mitsui and fellow Japanese firm JOGMEC hold a combined 10% stake.
Novatek plans to launch first production train at the Arctic LNG 2 project towards the end of the year.
The Arctic LNG 2 project is designed to run three production lines with an annual production capacity of 19.8 million tons.
Persons:
Toru Hanai, Mitsui, JOGMEC, Novatek, Katya Golubkova, Jason Neely
Organizations:
Mitsui & Co, REUTERS, Rights, Japan's Mitsui, Reuters, Mitsui, Thomson
Locations:
Tokyo, Japan, UAE, Russian, Yamal, Ukraine, Moscow, Russia