JAPAN & RUSSIAN LNG
Last week Alexei Miller, head of Gazprom, hosted a meeting with Ken Kobayashi, President and CEO of Mitsubishi Corporation. According to Gazprom's official report, the parties addressed the possible cooperation within the construction of the third line of the Sakhalin II LNG plant.
The long-awaited expansion of the project was proposed only this year: on June 18, 2015, Gazprom and Shell signed an Agreement of Strategic Cooperation at the St. Petersburg International Forum. The so-called Sakhalin III, with 7.4 bcm of additional capacity, is supposed to come into operation in 2021 and provide together with the existing LNG trains some 20.6 bcm.
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