+44 207 394 30 90 (London)

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

LNG Congress Russia » News » Exxon Mobil and Rosneft will build LNG plant in…

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

MORE

Russia presents a grandiose 5-year plan for the Arctic

The sum is 5.5 trillion rubles, Minister of Natural Resources Dmitry Kobylkin said in Monday’s government meeting in Sabetta. Along with Prime Minister Dmitry Medvedev and other key government ministers and business leaders, Kobylkin had made it to the remote site on the coast of the Yamal Peninsula. And that sum only covers the period…


Kremlin informs about potential involvement of Total in Arctic LNG 2 project

NOVATEK and Total plan to sign an agreement on the involvement of French oil and gas company in the new project for gas extraction and liquefaction “Arctic LNG 2″, informs Yury Ushakov, Assistant to the president. During the briefing held in Moscow, president’s assistant informed about the cooperation between Moscow and Paris. He noted that…


Novatek says ships 1st Yamal LNG cargo via Northern Sea Route

Russia’s largest independent natural gas producer, Novatek said Wednesday it shipped the first liquefied natural gas cargo from its giant Yamal LNG export plant via the Northern Sea Route. The 172,000-cbm ice-class LNG carrier Vladimir Rusanov left the Yamal LNG port in Sabetta on June 25 and is heading towards China, Mark Gyetvay, Novatek’s finance…