TOKYO, Nov 7 (Reuters) - Foreign projects including
Russia's Sakhalin-1 are crucial for Japan's energy security,
Japan's industry ministry said in response to U.S. sanctions on
Rosneft, a key shareholder in the oil project that
also includes Japanese companies.
Energy projects abroad are a valuable potential source of
energy outside the Middle East, Japan's Ministry of Economy,
Trade and Industry said in emailed comments on Friday when asked
about the Rosneft sanctions and the implications for the
Japanese shareholders.
Last month, the U.S. hit Russia's Rosneft and Lukoil
with sanctions, the most recent step to force the
Kremlin to end the war in Ukraine.