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To: RealMuLan who wrote (14600)11/2/2004 10:45:23 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
Japan may lose out to China in ExxonMobil gas deal in Sakhalin





TOKYO: ExxonMobil is to talk with a Chinese firm to sell natural gas from a massive project on Russia's Sakhalin Island despite an earlier plan to export it to Japan, Japanese Trade Minister Shoichi Nakagawa said.

Nakagawa said ExxonMobil chairman and chief executive Lee Raymond visited him Monday to say there was at least another party to negotiate with.



"I understand he meant to say (ExxonMobil) will negotiate with China while continuing negotiations with Japan," Nakagawa told reporters.

Nakagawa said Raymond had stopped short of naming any specific country to him but mentioned China at meetings with other people.


channelnewsasia.com