Asset Report

Far East LNG

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Far East LNG is a 6.2 mmtpa liquefaction project proposed in De-Kastri (Russia's Far East). It is supposed to receive its gas from the Sakhalin-1 licence area which is operated by Exxon Neftegaz under PSC terms. Sakhalin-1 is an offshore oil and gas development and the gas is sold to local markets, used on site or reinjected. The FEED stage at Far East LNG was awarded to TechnipFMC and JGC and was completed in December 2021. The marketing campaign was started in 2021. Back in 2013, the ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Commercial structure
  • Timeline
  • LNG marketing strategy
  • Shipping strategy
    • Potential upstream development plan
    • Transportation
  • Liquefaction plant overview
  • Costs
    • Taxation
      • Royalty
      • Cost oil
      • Profit oil/gas
      • Profit tax
      • VAT
      • Bonus payments
      • Payments for past Russian exploration expenditure
      • Social spending (Sakhalin Development Fund)
      • Rental payments (Exploration)

Tables and charts

This report includes 4 images and tables including:

  • Key facts: Table 1
  • Timeline: Table 1
  • Index map
  • Detail map

What's included

This report contains:

  • Document

    Far East LNG

    PDF 9.44 MB