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The participants of the "Far Eastern LNG" announced the beginning of the design of the plant
Design work has begun on Far Eastern LNG, which should appear as part of the Sakhalin-1 project. This was announced at ExxonMobil Russia Inc, a subsidiary of which participates in the project together with Russian Rosneft, Japanese Sodeco and Indian ONGC.
As the RIA News, citing an interview with ExxonMobil Russia Inc President Glennm Waller, the timing of the project will depend on many factors, including obtaining permits from the government and the conditions on the gas market. Work began not only in design, but also in marketing. It is known that the plant, with a capacity of 6,2 million tons, should appear in the area of the village of De-Kastri in the Khabarovsk Territory.
Plans for the construction of the plant were announced back in 2013. The approximate value of the object is 9,8 billion US dollars. The economic effect of its implementation for the Russian economy may amount to approximately 5 trillion rubles.