Japanese Prime Minister Fumio Kishida said the mechanism for limiting the price of oil from Russia should halve its cost.
Tokyo has already expressed concern about Russia changing the operator in the Sakhalin-2 project.
This is a threat to energy security amid an abnormal heatwave and an energy crisis that has prompted people to save energy.
Bloomberg, on the other hand, suggested that Russia’s decision to redistribute ownership of the Sakhalin-2 project could further constrict global markets, forcing Japan to compete with Europe for alternative sources of supply
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