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Published online by Cambridge University Press: 07 May 2025
Tokyo, Nov. 2 - In the latest jousting between China and Japan over Russia's energy riches, China is talking with the the Exxon Mobil Corporation about buying gas from the Sakhalin Island field, which many Japanese assumed would power their nation for decades to come.
The gas talks come as China rues its loss of a Siberian oil pipeline that was once promised to run to Manchuria. Instead, Russian officials made clear this fall that the pipeline would go to a Russian port on the Sea of Japan. Russian leaders changed their minds after Japan's government offered billions of dollars to help finance the pipeline, which could be a $12 billion, 2,500-mile oil project running from Lake Baikal to Nakhodka.