Sechin: Russia is ready to provide all the needs of Japan in Gaza

Sechin: Russia is ready to provide all the needs of Japan in Gaza


Rosneft invites Japanese companies to participate in the project of construction of a plant for the liquefaction plant in the far East, told head of the company Igor Sechin. He noted that the project is under active discussion.

TOKYO, 6 Nov. Russia is ready to provide all the needs of Japan in Gaza, said Friday the head of Rosneft Igor Sechin in Tokyo at the international conference on energy cooperation between Russia and Japan.

“In General, gas resources are, and we are ready to provide all the needs of Japan in Gaza at the expense of our resources “, — said Sechin during the plenary discussion at the conference. According to him, this will require appropriate infrastructure, investment in gas production.

The main supply of LNG to Japan are from the project “Sakhalin-2” (controlled by Gazprom). “Rosneft”, according to Sechin, invites Japanese companies to participate in the project of construction of a plant for the liquefaction plant in the far East. “The project is under active discussion, active work with our Japanese partners,” he said.

The project “Sakhalin-1” is implemented on the terms of the agreement on production sharing and includes three fields (Chaivo, Odoptu and Arkutun-Dagi) in the North-Eastern shelf of Sakhalin island. Exxon Neftegas Ltd is the operator of the project and owns in it 30%, Rosneft — 20%, Japanese Sodeco — 30%, and the Indian ONGC — 20%. Potential recoverable reserves of the three fields of the project are estimated approximately in 307 million tons of oil and 485 billion cubic meters of gas.

ExxonMobil has previously insisted that the gas project on Sakhalin could be exported. However, under Russian legislation, the right to export gas from Russia only “Gazprom”.

Gazprom, in turn, has repeatedly tried to negotiate with Exxon and “Rosneft” about purchase of gas “Sakhalin-1” for expansion of the project “Sakhalin-2”, which is a controlling shareholder. However, Exxon did not want to sell gas at domestic price, and Gazprom refused to pay the export price, because of this gas “Sakhalin-1” mostly pumped back into the reservoir. With partners on “to Sakhalin-1” has said that they intend to deliver the gas from Northern fields of Sakhalin island for liquefaction at the LNG plant which Rosneft and ExxonMobil planned to build in the South of the island.