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    Reuters: Russia's Rosneft Says Considering Moving LNG Project Away from Sakhalin

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Summary

Russia's Rosneft has said that it may move its LNG project from Sakhalin as it has not been granted access to the pipeline there operated by a Gazprom venture

by: Erica Mills

Posted in:

Press Notes

Reuters: Russia's Rosneft Says Considering Moving LNG Project Away from Sakhalin

Russia's top oil producer Rosneft said on Thursday it is considering moving the construction of its liquefied natural gas plant away from the Pacific Ocean island of Sakhalin due to Gazprom's venture not giving it access to a gas pipeline.

Rosneft signed an agreement with ExxonMobil in 2013 that aimed at starting production of 5 million tonnes per year of LNG from 2018 at Sakhalin.

Read the full article HERE.