Shell sales volumes get boost from Sakhalin 2 output

 06 November 2009 01:05 GMT

Ramp-up at the Sakhalin 2 project in Russia’s far east boosted Shell’s third-quarter liquefied natural gas sales figures, writes Rob Watts.

LNG sales volumes were 3.49 million tonnes in the three months to the end of September, up 13% from a year ago, also helped by the ramp-up of Train 5 at the North West Shelf project in Australia. Sakhalin 2, in which Shell has a 27.5% share, achieved peak production recently from its two LNG trains.

Shell chief financial officer ­Simon Henry told reporters in a conference call late last week: “Sakhlain 2 has made very good progress this year. September average production was about 335,000 barrels of oil equivalent per day,…

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