Japanese energy firms cling on to their Russian assets

The island of Sakhalin, pinned between Japan and Russia just north of Hokkaido and to the west of the Kamchatka Peninsula, has historically been the site of conflict between the two north Asian neighbours. Today, as the home of two massive fossil-fuel projects, it symbolises an uneasy Russo-Japanese peace—and, ever since Russia invaded Ukraine in February, a sore point in relations between Japan and its Western allies.

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The two projects,

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