Sakhalin-II
Russian LNG Exports Surge in First Half of Year, But Decline Looms
Russian liquefied natural gas (LNG) exports increased by 2.7% in the first half of the year, reaching 16.79 million metric tons, according to Kommersant, as quoted by Reuters. However, future export volumes are expected to decline due to potential maintenance at the Sakhalin 2 facility.
Medvedev affected their stock market shares
Mitsui and Mitsubishi are shareholders in the Sakhalin-2 liquefied natural gas (LPG) project.
Shares of Mitsui fell by 5.7 percent and of Mitsubishi by 5.4 percent respectively, by the midday break in today's trading on the Tokyo Stock Exchange, reports Reuters.
- Read more about Medvedev affected their stock market shares
- Log in to post comments
Shell to take hit of up to $5 bln on Russia exit
British energy giant Shell said yesterday that its decision to pull out of Russia in response to the country's invasion of Ukraine has already cost the international energy giant as much as $5 billion.
- Read more about Shell to take hit of up to $5 bln on Russia exit
- Log in to post comments
Gazprom profit jumps 71 pct on weak ruble, robust prices
Russia's largest gas producer Gazprom beat expectations with a 71 percent jump in first-quarter net profit after weakness in the ruble more than compensated for a drop in sales volumes to Europe.