Japanese companies will lose their shares in Sakhalin 2nd, the only shareholder in Russia

China Economic Network Beijing November 24 (Wang Hongjuan) "Russian Business Advisory Daily" (RBC) in Tuesday, citing the Russian Federation of Audit Commission, a reluctant public name officials reported that Russia's state-owned natural gas monopoly suppliers-Russian gas industry company (Russian gas) Currently with the Sakhalin-2nd project of the shareholding operator of Japan Mitsui Property Company (mitsui& Co. ) and Mitsubishi Corporation (Mitsubishi Corp.　　) to commence a negotiated acquisition of both the shares held on Sakhalin-2nd. According to a protocol signed by the investor of Sakhalin second in December 2007, Gazprom bought Sakhalin second 50% and 1 shares at a price of $7.45 billion.　　The shares of the original 3 investors in the project were reduced, with Anglo-Dutch Shell holding a share of the company from 55% to 27.5%, and Japan Mitsui and Mitsubishi, respectively, from 25% and 20% per cent to 12.5% and 10% per cent. Russian business advisory daily reported that the Russian government plans to let the Russian gas to continue to increase the number of Sakhalin-1th and 2nd oil and Gas development projects held in the stake. People familiar with the matter said the ultimate goal of Gazprom was to acquire all the shares of Shell, Mitsui and Mitsubishi in Sakhalin-1th and 2nd and to become the sole shareholder. The report said that after becoming the sole shareholder of Sakhalin-1th and Project 2nd, Gazprom's pricing power in the international gas market would be greatly enhanced, which would make the Russian gas in a favorable position in the negotiations on the price of gas in China.