38 The Import Structure of LNG from Russia to Japan by Cognitive …
583
Fig. 38.3 Co-occurrence network diagram “Sakhalin 2 Project”
38.3.3 Result (Yamal LNG Project)
The trend of Russia, which switched its center of gravity from Europe to Asia due to
various domestic and foreign reasons, overlapped with Japan’s direction of benefiting
from the fact that LNG was stably secured. To summarize the whole period in three
aspects of politics, economy, and technology. The major turning points were the shale
revolution and the Ukrainian crisis in the last twenty years. The Shale Revolution
resulted in the sharp increase in fossil fuel supply which greatly reduced the dependence of Russia, which has been ongoing since the collapse of the Soviet Union. This
made Russia turn resource trade targets into the Asian region. Also, the Ukrainian
crisis has triggered a large-scale expansion of China‘s capital against Russia. On the
other hand, the financial and technical aspects were not affected largely, and stable
actions such as the construction of the LNG base, indirect financing, and non-dollar
financing continued despite the change of the business location (Figs. 38.5, 38.6 and
Table 38.4).
583
Fig. 38.3 Co-occurrence network diagram “Sakhalin 2 Project”
38.3.3 Result (Yamal LNG Project)
The trend of Russia, which switched its center of gravity from Europe to Asia due to
various domestic and foreign reasons, overlapped with Japan’s direction of benefiting
from the fact that LNG was stably secured. To summarize the whole period in three
aspects of politics, economy, and technology. The major turning points were the shale
revolution and the Ukrainian crisis in the last twenty years. The Shale Revolution
resulted in the sharp increase in fossil fuel supply which greatly reduced the dependence of Russia, which has been ongoing since the collapse of the Soviet Union. This
made Russia turn resource trade targets into the Asian region. Also, the Ukrainian
crisis has triggered a large-scale expansion of China‘s capital against Russia. On the
other hand, the financial and technical aspects were not affected largely, and stable
actions such as the construction of the LNG base, indirect financing, and non-dollar
financing continued despite the change of the business location (Figs. 38.5, 38.6 and
Table 38.4).