Oil & Gas

Russia’s Gazprom says answers on Sakhakin-2 expansion to come in 2016

Photo by Gazprom

Russian gas company Gazprom, a leading shareholder in Russia’s sole liquefied natural gas (LNG) plant, Sakhalin-2, hopes to be able to answer questions about the plant’s expansion next year, deputy chief executive Alexander Medvedev said on Tuesday.

The plant’s capacity stands at about 10 million tonnes of frozen gas per year. Royal Dutch Shell and two Japanese companies, Mitsui and Mitsubishi, are also shareholders in the project.

Also on Tuesday, Mr Medvedev said Gazprom is not considering building a gas pipeline to Japan because of ecological reasons.

He said Japan was a target market for liquefied natural gas (LNG).

Read the latest opinion pieces from our Energy Voice columnists