Russia’s Sakhalin plant ships milestone LNG cargo

Russia’s Sakhalin-2 LNG export terminal, operated by Gazprom, has shipped a milestone cargo from its facility in the port of Prigorodnoye to South Korea.

The 145,700-cbm LNG carrier K. Jasmine loaded the 1900th Sakhalin cargo on Wednesday and is currently on its way to South Korea.

The shipment is part of the long-term deal Sakhalin has with the South Korean LNG importing giant Kogas.

The K. Jasmine’s AIS data show the vessel is expected at the Kogas-operated Tongyeong LNG terminal around November 2.

Sakhalin Energy, which operates the Sakhalin-2 facility, started producing LNG back in 2009.

The feed gas comes from offshore platforms located off the north-east coast of Sakhalin Island.

Most of LNG produced at the 11 mtpa plant lands in Asia-Pacific.

In the January-September period, Japan received 50% percent of the plant’s volumes while Taiwan took 21%.

Furthermore, 15% of the LNG prouced at the plant landed in South Korea and 14% in China, according to Sakhalin Energy.

The shareholders of Sakhalin Energy are Gazprom (50 percent plus one share), Shell (27.5 percent minus one share), Mitsui and Co. (12.5 percent), and Mitsubishi Corporation (10 percent).

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