Gazprom Chairman, Alexey Miller and Shell CEO, Ben van Beurden, have signed a memorandum roadmap for the preparation of FEED documentation for the third liquefied natural gas (LNG) production train at the Sakhalin II project.
“The global LNG market is booming – primarily in Asian countries. Novel LNG production capacities are the key to achieving a strong position in this market,” commented Alexey Miller.
“We welcome the sequential approach of our strategic partner Gazprom to expanding the LNG plant in the Prigorodnoye settlement. The third train will help confirm the status of the Sakhalin II project as a reliable energy supplier to the Asia-Pacific region,” added Ben van Beurden.
Sakhalin Energy, the project operator of Sakhalin II, is a joint venture between Gazprom (50%), Shell (27.5%), Mitsui & Co. (12.5%) and Mitsubishi Corporation (10%).
In 2013, a total of 10.8 million tons of LNG and 5.4 million tons of oil were produced at the Sakhalin II project.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24022014/gazprom_shell_sign_sakhalin_lng_train_agreement_207/