Business · Companies · 15 hrs ago
Russian business chief says Japanese firms remain in gas projects
Russian business chief Alexander Shokhin says Japanese companies remain in Russian gas projects.
He says the firms are waiting for a chance to discuss expanding their presence.
Shokhin says Japan's government is not pressing companies to leave, despite its policy toward Russia.
Political tensions include a long-running dispute over the Kuril Islands, which Japan calls the Northern Territories.
The companies' continued involvement points to a pragmatic approach to energy ties despite those tensions.
They are waiting for a 'yellow light' to discuss expansion, but Shokhin does not say when that might happen.
Alexander Shokhin says Japanese companies are not withdrawing from gas projects in Russia.
The head of Russia’s business union says the companies are waiting for an opportunity to discuss expanding their presence.
Shokhin says Japan is taking a pragmatic approach and its government is not pressing companies to leave.
He made the comments in an interview with TASS.
- Who
- Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs and Presidential Commissioner for Entrepreneurs' Rights.
- What
- He said Japanese companies are staying in Russian gas projects and awaiting a chance to discuss expanding their presence.
- When
- October 21, 2026.
- Where
- The projects are in Russia. Shokhin spoke to TASS.
- Why
- Shokhin said Japan is taking a pragmatic approach and its government is not pressing companies to leave.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Speaker
- Alexander Shokhin
- Outlet
- TASS
- Statement date
- October 21, 2026
- Projects
- Russian gas projects
- Companies
- Japanese firms
What people are saying
We see that Japanese companies are not withdrawing from gas projects in Russia.
Pragmatism is clearly at work, and the government is not pressing Japanese companies to leave.