Mitsui & Co., Ltd.

Rule Changes

Japanese stakeholder navigating sanctions compliance while preserving Sakhalin-2 exposure

Sanctions are supposed to close doors. On December 17, the U.S. quietly propped two doors back open again, even as it slammed others shut. One narrow lane keeps Sakhalin-2 crude flowing to Japan; the other preserves financial channels for civil nuclear projects, even when payments touch sanctioned Russian banks—both running through June 18, 2026.

Updated May 15