Sakhalin II puts 8 LNG cargoes on offer

Sakhalin II puts 8 LNG cargoes on offer

An 8-cargo tender has been launched by Russia’s Sakhalin II LNG export facility. 

Reuters reports that the 8 cargoes on offer will be sold from April 2015 to March 2016.

Sources revealed that cargoes has not been offered to the wider market but to stakeholders and buyers under long-term contracts.

Stakeholders in Russia’s first LNG export plant are Gazprom with a 50% share, Shell (25%), Mitsui of Japan (12,5%) and Diamond Gas, a Mitsubishi Corp unit with a 10% stake in the project.

LNG World News Staff; Image: Gazprom

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