White Sun of the Desert

June 21, 2009

Speaking Too Soon?

From Upstream Online

Russian gas giant Gazprom expects liquefied natural gas exports from Sakhalin-2 to exceed 5 million tonnes this year, up from the initial plan of 3 million, export boss Alexander Medvedev said.
Reuters quoted Medvedev telling a news conference that Sakhalin-2, which also involves Shell and Japan’s Mitsui and Mitsubishi, would reach target capacity of 9.6 million tonnes next year.

Expect this statement to be rapidly retracted in the coming months.

Posted by - tnewman @ 4:32 am, Posted under: Uncategorized

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