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The Russian authorities has permitted a plan for Japanese buying and selling home Mitsui & Co. to carry a 12.5% fairness stake in a brand new Russian operator of the Sakhalin-2 oil and pure gasoline growth venture in Russia’s Far East, in response to a authorities decree introduced Tuesday.
The venture is essential for Japan’s liquefied pure gasoline procurement. Mitsui‘s funding will doubtless result in Japan sustaining its pursuits within the venture.
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