This was announced by the Minister of Economy of the country Ukoichi Hagiuda
Minister of Economy, Trade and Industry of Japan Ukoichi Hagiuda spoke about the desire of Japanese companies to leave shares in the Sakhalin-1 project, RIA Novosti reports today.
According to a senior official, the government is aware of the Russian president's decree, and it understands that transactions with shares and other assets of Sakhalin-1 will become impossible before the end of the year.
Hagiuda also stressed that it was at this time that Tokyo was "specifying all the details" because the project is important for Japan due to oil supplies outside the Middle East. Japan receives up to 90% of its fuel from Russia.
Now the authorities are concerned about continuing to resolve the issue of ensuring energy supplies and maintaining their shares in the project.
On August 5, Russian President Vladimir Putin signed a decree on the application of special economic measures in the financial and fuel and energy sectors, which prohibits transactions with shares, rights and obligations in the Sakhalin-1 oil and gas project with countries and organizations that have shown "unfriendly actions" in relation to Russia.