MOSCOW: The Sakhalin II liquefied natural gas (LNG) export plant has launched a tender in the last week to sell 8 cargoes, traders said.
The cargoes have been offered to long-term buyers and stakeholders in the project, not to the wider market, the sources said.
Russian gas export monopoly Gazprom owns a 50 percent share in Sakhalin II, with Shell owning 27.5 percent, Japan’s Mitsui 12.5 percent and Mitsubishi Corp subsidiary Diamond Gas 10 percent.