Rosneft, ExxonMobil Start Work On LNG Plant

Rosneft and ExxonMobil have begun preliminary work on a joint LNG plant to be built in the Far East by 2018 by selecting a contractor to complete the design and engineering work. In 2013 and 2014 the companies intend to select liquefaction technology, define basic equipment requirements, complete civil-engineering surveys, and prepare legal documentation.