Brief: Itochu President: No Shares In Sakhalin-1 Oil Project Now After Russia Confiscated Last Year

Itochu

05/11/2025 04:47

Nov 5 (Reuters) - Itochu Corp  8001.T  President and
COO:
    * OUR SHARES IN SAKHALIN-1 OIL PROJECT WERE CONFISCATED BY
THE
RUSSIAN GOVERNMENT LAST YEAR, SO WE DO NOT HOLD ANY SHARES NOW
    * IN THE MEDIUM TO LONG TERM, WE MAY REJOIN THE PROJECT TO
SECURE
JAPAN’S ENERGY SUPPLY

Further company coverage:  8001.T 

 (Reporting by Yuka Obayashi)