Exxon Neftegas postpones FID for Far East LNG

By Staff reporter 16 March 2017

Russia’s Exxon Neftegas will not reach an FID on the construction of Far East LNG plant in Q1 2017, despite the recommendation of the Russian Energy Ministry.

Company Vice President Kenan Nariman said at the Russian LNG Congress on Thursday that the cost of building the plant would be significantly lower than initially thought.

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