Watching The World: Japan’s bow to diplomacy

02/23/2009
Japanese Prime Minister Taro Aso views the Sakhalin-2 oil and gas project as an example of mutually advantageous cooperation, giving Russia new technologies and access to the Asian market, while granting Japan new sources of hydrocarbons.Aso said as much in an interview with Russian state media last week ahead of his Feb. 18 visit to Sakhalin Island, where he met with Russian President Dmitry Medvedev and took part in the opening ceremony of the Sakhalin-2 project.“Japan has a long record of participation in oil and gas developments on Sakhalin, which dates back to the beginning of the 20th century,” he said, noting that the onset of production “after overcoming numerous...

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