ExxonMobil Still Plans Building LNG Plant in Russia

Source: Reuters 3/17/2016, Location: Asia

U.S. energy major ExxonMobil is still considering plans to build a liquefied natural gas (LNG) plant either in the island of Sakhalin or in Khabarovsk region in Russia's far east, a senior company manager said.

"We will promote our project at a pace which will ensure maximum profitability both for investors and the state," Alex Volkov, vice president for ExxonMobil Russia, told an energy conference.


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