Russia, Japan agree on joint LNG plant in Russian Far East

Russia and Japan have agreed on building a joint liquefied natural gas plant in Vladivostok in the Russian Far East, the Japanese newspaper Yomiuri reported.
The plant will begin operation in 2017 and produce more than 5 million tons of liquefied natural gas a year. The Vladivostok project will allow Japan to secure a significant amount of LNG from Russia's eastern Siberia region and help stabilize Japan's energy supply, the paper quoted informed sources as saying.
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Source: RIA Novosti