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De-Kastri LNG plant cost lowered to 9,8 billion dollars
The cost of the project for the construction of a plant for the production of liquefied natural gas (LNG) in the Khabarovsk Territory, which Rosneft and the American ExxonMobil plan to implement, has dropped to $ 9,8 billion. This is stated in the report of the Russian government on the implementation of agreements on production sharing.
As the TASS, the operator of the Sakhalin-1 project - Exxon Neftegaz - completed survey work in De-Kastri and along the pipeline’s right-of-way. The planned capacity of the LNG plant is 6,2 million tons, total capital costs are estimated at 9,8 billion dollars, including LNG plant - 6,9 billion dollars, upstream sector - 1,6 billion dollars, pipelines - 1,3 billion dollars.
Earlier, Reuters reported, citing sources, that Rosneft and ExxonMobil intend to implement the LNG plant project announced more than five years ago in the framework of the Sakhalin-1 consortium with Indian and Japanese partners, and not independently as planned.
For several years, the investor decided where to place the plant, and eventually abandoned the idea of building on the Sakhalin coast, making a choice in favor of the Khabarovsk Territory. District authorities pre allocated land for the future plant in DeKastri. The construction of Exxon was ready in 2019-2020. Planned to build a plant for five to seven years.