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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.

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