Russia launches major gas project on Sakhalin

The video discusses the geopolitical significance of Sakhalin Island, a disputed territory between Japan and Russia, and the inauguration of Russia's first liquefied natural gas (LNG) plant there. The project is a collaboration between Russia and Japan, aiming to strengthen Russia's role in global energy markets. The plant will produce about 6 million tons of LNG annually, with 65% destined for Japan. This $20 billion project also targets the Korean and North American markets, contributing to 5% of global LNG demand.

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