Russia Oil and Gas, JGC

"Novatek" sees the possibility of a significant reduction in the cost of LNG production – Michelson.

"Novatek" saw the possibility of a significant reduction in the cost of production of liquefied natural gas (LNG) and, as a consequence - increase in its production, the head of the compa

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Japanese corporation interested in the construction of a refinery and small LNG plants on Sakhalin

Japanese companies JGC, Mitsubishi Corporation and Mitsui & Co Ltd have been interested in participation in the Sakhalin region’s projects for the construction of small LNG plants, refinery and creation of gas chemical production, the press centre of the Government of the Sakhalin region reports.
This issue was discussed at the meetings in Tokyo with leaders of these companies by the Russian delegation, headed by the plenipotentiary representative of the President in the Far Eastern Federal District Yuri Trutnev. The delegation also included the Sakhalin Governor Oleg Kozhemyako.
The Russian delegation discussed the prospects of the further development of the Sakhalin-2 project with the leadership of the corporations Mitsubishi Corporation and Mitsui & Co Ltd. "The prospects are connected with the construction of the third production line of the LNG plant of the Sakhalin-2 project, increase in the output of products, creation of the island gas chemical production. Also the Japanese corporations might be involved in the implementation of local projects, connected with the use of the Anivskoye gas field in the south of Sakhalin," – the statement says.

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Japan wants to construct its own refinery in Primorye

As the Izvestia has got to know, the Japanese Government intends to include an item on construction of an oil refinery near Vladivostok in a new agreement between Russia and Japan, which may be signed between the two countries during the scheduled visit of Vladimir Putin to Tokyo (in September, the foreign mass media reported about its cancellation, but the authorities haven’t confirmed this information). This refinery may be the first oil processing plant in Russia, controlled by foreigners. Earlier, the solution to the problem of the construction of a gas pipeline from Sakhalin to Tokyo on the bottom of the Japan Sea has been already included in the agenda of the visit.
As the mayor of the Japanese city of Niigata, Akira Shinoda said, originally it was intended to place the refinery in the prefecture of the same name - Niigat, but this idea was abandoned.
- Previously, we had such plant, but we found that it will be very difficult and expensive to restore it, so the idea to construct the oil refinery near Vladivostok is worked out, - Shinoda reported to the Izvestia. - This is also a good option for Niigata, as we will have the ability to import oil products through our port.

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Turkmenistan to prepare agreements with Japan on cooperation in oil and gas industry

A report on the preparation of the documents on cooperation in the oil and gas industry, which are planned to be signed during the forthcoming visit of the governmental delegation of Turkmenistan to Japan, was presented to Turkmen President, Gurbanguly Berdimuhamedov, the Turkmen Government reports on Tuesday.
According to the report, the Turkmen President noted that “it’s necessary to pay a special attention to issues, connected with the further development of the long-term mutually beneficial Turkmen-Japanese cooperation”.

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Plant for “Yamal LNG” to be constructed by companies from Japan and France

GC and Technip have won the tender for the construction of the LNG plant in Yamal.
“Yamal LNG” OJSC selected on the results of the tender a consortium of Technip (France) and JGC (Japan) to construct the LNG plant with the capacity of 16.5 mln tons a year.
The consortium will project, supply the equipment and materials and spare parts, construct and put into operation the complex. Technip France and JGC are reported to be among the leading international engineering and construction companies that have good experience in the execution of the interface projection and contracts for LNG plants’ construction around the world.

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Rosneft may attract Japanese companies to its offshore projects

Rosneft may attract the Japanese Marubeni, Inpex, Itochu, JAPEX and SODECO to its offshore projects, the Russian oil company’s press centre reported to the agency Prime.

On Wednesday, the Rosneft’s President and CEO, Igor Sechin visited Japan within his working trip over the Asia-Pacific region.

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Itochu interested in quickening of launch of LNG plant in Vladivostok

The Japanese Itochu Company is interested in quickening the launch of an LNG plant in Vladivostok, the CEO for the CIS states F. Kiyosi says. They orient to 2017-2018 whereas Itochu is eager to quicken the launch of the enterprise in order to outstrip possible competitors in gas sales in Japan. As for technical specifications, the plant’s projected capacity should be not less than 10 million tons of LNG annually. In addition, they are going to introduce at the enterprise in Vladivostok some new technologies connected with helium extraction and processing.

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