Arctic-2 LNG project in Russia on track to start production in 2023
11/1/2022
(Reuters) - The Arctic-2 liquefied natural gas (LNG) project in Russia is on track to start production of the first train in 2023, Mitsui & Co Ltd Chief Financial Officer Tetsuya Shigeta said on Tuesday.
The Japanese trading house intends to stay in the Sakhalin-2 gas and oil project as well as the Arctic-2 project, while complying with sanctions by Western nations on Russia, to contribute to Japan's energy security, Shigeta told a news conference.
(Reporting by Yuka Obayashi; Editing by Jacqueline Wong)
Sign up to Receive Our Newsletter
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
Comments