Gazprom, Shell talk joint LNG projects

Sakhalin LNG plant (Image courtesy of Gazprom)

Gazprom’s head Alexey Miller on Friday met with Shell’s boss for integrated gas Maarten Wetselaar in St. Petersburg to discuss collaboration between the two companies in the liquefied natural gas (LNG) sector.

According to a Gazprom statement, the duo discussed joint efforts in the liquefied natural gas segment, especially the construction of the third train of the LNG plant within the Sakhalin II project.

The Sakhalin LNG facility has currently two liquefaction trains with a capacity of about 10 million tons per annum. The LNG plant is operated by Gazprom with major shareholder Shell.

The statement also said that the two executives reviewed the status of the Baltic LNG project and further steps in the development of the joint venture agreement.

The Baltic LNG project includes the construction of an LNG plant with an annual capacity of 10 million tons in the port of Ust-Luga.