Construction of Far Eastern LNG plant not to depend on current oil prices
Edited by Rhod Mackenzie / 2016-03-17 11:40:41
Construction of Far Eastern LNG plant won’t depend on the current price of oil or LNG. This was announced today by vice-president of Exxon Mobil Russia Alexei Volkov.
"Our LNG project, as well as any LNG project, will be built during 5-6 years, then this plant will operate for 20-30 years. Therefore, it would be wrong to start the construction of the plant at a time when the price of oil or LNG is not higher than any figure,"- he said.
