Russia may lose the Japanese gas market.

Japanese companies are running out of long-term contracts for purchasing Russian liquefied natural gas from the 'Sakhalin-2' plant. This will mean a gradual cessation of Russian gas purchases and a shift to alternatives. Japan is the second-largest buyer of liquefied natural gas in the world, but this project provides it with only 5 million tons of gas per year. 

According to narrators, the 'Sakhalin-2' plant is not subject to US sanctions, but it may face problems due to the agreement among G7 countries regarding the reduction of Russian energy dependence. 

Some experts predict that there will be a choice between political commitments, economic feasibility, and the need to ensure sustainable energy resource supply. 

Public statements indicate that Japan plans to reduce gas consumption in energy by 13% by 2030. Japan has already terminated existing contracts for purchasing Russian gas, but complete abandonment of it will only be possible in a few years. 

Among alternatives, the European Commission has already shown interest in introducing legislative changes that would allow Europe to increase its gas supplies to Japan. 

The closest competitors to 'Sakhalin-2' in this regard are the USA, Australia, and Canada. However, the plant has a significant advantage - its proximity to Japan. Delivery from the Sakhalin port takes a few days, compared to a week from other directions.