Shell continues Russia divestment with Salym pull-out after withdrawing from Sakhalin LNG joint venture
Shell plc is continuing with its pull-out from the Russian oil and gas industry as part of sanctions over Ukraine and has how divested its 50 percent stake in the large Salym project in Western Siberia after divesting its main Sakhalin LNG stake in 2022.
Gazprom advances pipeline from area of LNG plant on Sakhalin Island via mainland Khabarovsk to Vladivostok
Gazprom, the state-backed Russian natural gas pipeline giant, has completed a section of the planned link from the location of the LNG export plant at Sakhalin Island via the mainland to Khabarovsk and on to Vladivostok as the first inter-regional gas transmission system in Eastern Russia.
Gazprom advances Mongolia pipeline project as ‘Power of Siberia II’ to China in competition to LNG
Russian natural gas giant Gazprom has set up a subsidiary to develop a pipeline across the land-locked Asian country of Mongolia as Russia’s second “Power of Siberia” supply line to China in competition to LNG and with capacity of one-third more than the existing pipeline.
Russia-China gas pipeline has lower than expected first-year deliveries equivalent to 2.8MT of LNG
Russian natural gas giant Gazprom marked the first anniversary of the coming on stream of the first gas pipeline from Russia to China, regarded as competition for LNG, but details released of current pipeline operations and capacities show less than expected year-one deliveries.
