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Exxon Mobil and Rosneft will build LNG plant in the Far East

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Sanctions is not an obstacle to collaborative work on the project to produce liquefied gas “Far Eastern LNG”, valued at $15bn, informs Reuters.

According to the media agency, two months ago Exxon Mobil offered Chinese CNPC to participate in the tender on the execution of assembly works at the LNG terminal.

Previously Exxon Mobil had to withdraw from several joint projects with Rosneft because of western sanctions imposed. But LNG terminal in the Far East was not affected by the sanctions.

Reuters also informs that the tender on the assembly works is to be completed by October 2018. The decision should be made in 2019.

Far Eastern LNG project is implemented by Exxon Mobil and Rosneft to ensure LNG supplies from Sakhalin. The capacity of the terminal is to reach 6.2 MTPA.

Source: konkurent.ru

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