LNG Plant to Expand

Gazprom expects its Sakhalin-2 venture with Royal Dutch Shell to produce enough fuel to support the expansion of Russia's only plant to liquefy gas for shipment by tanker.

The partners plan to extend the Piltun-Astokhskoye field, and producing deposits can boost output to feed Sakhalin-2's liquefied natural gas plant, Vsevolod Cherepanov, head of Gazprom's gas, condensate and oil production department, said Wednesday.

There will be enough gas for a third LNG train "if there is such a will," Cherepanov said. Sakhalin-2's two trains have capacity to produce a combined 9.6 million tons of the liquid fuel annually.

(Bloomberg)

Read more