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ExxonMobil expect Russian LNG plant's capacity to produce 6.2 million tpy

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LNG Industry,

Reuters are reporting that ExxonMobil and Rosneft expect their future joint project to produce more than 6.2 million tpy of LNG.

Exxon Mobil is pushing ahead with efforts to develop its US$15 billion Far East LNG project with Rosneft despite being forced to exit some joint ventures in Russia due to Western sanctions.

The plant’s capacity also could be increased from planned initial volumes.

Earlier this year Exxon invited companies including China National Petroleum Corporation’s engineering arm to bid for construction contracts by October.

A final investment decision is due in 2019.

Exxon and Rosneft have also held discussions about feeding gas from Sakhalin-1 fields into a planned third production unit at an existing LNG plant run by Gazprom and Shell on Sakhalin island.

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