Russian oil company Rosneft expects to sign an agreement for the Sakhalin-1 oil-and-gas project maintenance at the Eastern Economic Forum (EEF), Rosneft CEO Igor Sechin told journalists on Thursday.

On Tuesday, Russian presidential aide Yuri Ushakov said that Russian energy companies Gazprom and Rosneft were holding talks with Japanese companies on new joint projects. Rosneft and Gazprom Discuss New Joint Projects With Japanese Companies

“We are planning to sign a number of new agreements, including on production projects, such as Sakhalin-1. And we also hope that today Exxon [Mobil] will sign an order for two tankers,” Sechin said.

According to Ushakov, the energy sector is a strategic area of cooperation between Russia and Japan, which already involves Sakhalin-1 and Sakhalin-2 oil-and-gas projects as well as the construction of the Yamal-LNG plant. The 2016 Eastern Economic Forum (EEF) will be held in Russia’s Vladivostok on September 2-3.

Source: Sputnik News