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Gazprom says Sakhalin LNG to start early 2009

Reuters: Gazprom says Sakhalin LNG to start early 2009

Wed Apr 23, 2008 1:58pm BST

MOSCOW, April 23 (Reuters) – Russia’s gas export monopoly Gazprom said on Wednesday it was sticking to its deadline to start exports of liquefied natural gas (LNG) from its Pacific Sakhalin 2 project at the beginning of 2009.

“We will start our first LNG shipments at the beginning of next year at the latest,” Alexander Medvedev, head of Gazprom’s export arm, told a briefing.

Last year, Sakhalin Energy, the operator of Sakhalin 2, controlled by Gazprom and involving Royal Dutch/Shell, Mitsui and Mitsubishi, said it would delay first LNG shipments to spring 2009 from the initially planned end of this year.

(Reporting by Amie Ferris-Rotman, writing by Tanya Mosolova)

© Thomson Reuters 2008 All rights reserved.

http://uk.reuters.com/article/hotStocksNews/idUKL2376103920080423

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