Drop in Q1 production hits Sakhalin LNG revenues

Exports from the Russian liquefaction plant fell by 27% in Q1, leading to the lowest revenues in seven years
By Andrew Walker 17 August 2017

Revenues generated from Russia’s Sakhalin LNG plant were down by 44% in Q1 2017 compared with Q1 2016. This is despite a rebound in the average price paid for the country’s LNG to $5.07/MMBtu in Q1 from a recent low of $3.84/MMBtu in Q4 2016. Revenues from LNG exports have not been this low since the first year of production in 2009.  

The collapse in oil prices in late 2014 and early 2015 has hit revenues from...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up