Kogas to up imports of Sakhalin-2 LNG volumes

Kogas to up imports of Sakhalin-2 LNG volumes

South Korea’s Kogas, the world’s second-largest buyer of LNG could be importing more liquefied natural gas from the Sakhalin-2 project after the third liquefaction train is commissioned. 

Kogas and Sakhalin Energy, the operator of the Sakhalin 2 LNG project, have signed an agreement in 2005 for the supply of 1.5 million tons of LNG per year.

According to a Gazprom statement on Friday, Kogas representatives met with the officials from the Russian giant Gazprom to discuss the partnership in the energy sector, and the possibilities of boosting LNG supplies from the project to South Korea.

In 2015, the plant produced 10.8 million tons of LNG, exceeding the design capacity by 1.2 million tons, Gazprom noted.

Sakhalin Energy launched a tender in June for the construction of the third liquefaction train at the terminal on Sakhalin island.

The contract is expected to be awarded in March of 2018.

 

LNG World News Staff

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