July 2015, Vol. 242, No. 7

Projects

Gazprom, Shell Building New Gas Pipeline to Germany

Energy giants Gazprom and Shell, along with E.ON and OMV, signed a memorandum Thursday to construct a third technical line for a LNG plant on Sakhalin Island on Russia’s Pacific Coast. Under the agreement, the companies would build a new route under the Baltic Sea from Russia with a capacity of 55 billion cubic meters a year. No timeline on the project was announced. The Sakhalin-2 field is operated by Sakhalin Energy, which is primarily owned by Gazprom (50%) and Shell (27.5%). The location includes the first LNG plant in Russia. According to Gazprom, 65% of Sakhalin LNG is shipped to Japan. In May, Gazprom stated it planned to maintain the level of gas extraction at the Sakhalin-2

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) SUBSCRIBE to Pipeline & Gas Journal magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the PGJ archives per month. $199 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the PGJ Archive, access to all special reports, special focus supplements and more. $1,395 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

 

 

*Access will be granted the next business day.

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}