TOKYO — Mitsubishi and Mitsui have begun feasibility studies on gas projects at Sakhalin Island, the Nihon Keizai newspaper said.
The study includes three possible sites for production facilities for ammonia and methanol from natural gas pumped off the island, the newspaper reported, without saying where it got the information.
Mitsui and Mitsubishi seek to ensure their role in developing the Royal Dutch Shell-led, $20 billion Sakhalin-2 oil and liquefied natural gas project. Mitsui had a 25 percent stake and Mitsubishi owned 20 percent of the Sakhalin Energy project. (Bloomberg)
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