The operators of the Sakhalin 1 and Sakhalin 2 developments in the far east of Russia are both pressing ahead with plans to build new liquefied natural gas production facilities despite low energy prices and mid-term expectations by some of global LNG supply exceeding demand.
Exxon Neftegaz president Stephen Butt last week in Sakhalin capital Yuzhno-Sakhalinsk said that the Sakhalin-1 venture has made fresh advances with its preparations to build a single-train liquefaction project near the De-Kastri oil terminal in the Khabarovsk region.
