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Gazprom sees Sakhalin LNG exports at 5 mln T

Reuters

Wed Jun 17, 2009 4:03am EDT

MOSCOW, June 17 (Reuters) – Russia’s Gazprom (GAZP.MM) expects liquefied natural gas (LNG) exports from its Sakhalin-2 project to exceed five million tonnes this year, up from the initial plan of three million, an executive said on Wednesday.

Gazprom’s export chief Alexander Medvedev told a news conference Sakhalin-2, which also involves Royal Dutch Shell (RDSa.L) and Japan’s Mitsui (8031.T) and Mitsubishi (8058.T), would reach target capacity of 9.6 million tonnes next year.

(Reporting by Vladimir Soldatkin, writing by Dmitry Zhdannikov) (Moscow Newsroom, + 7 495 775 12 42, [email protected])

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