Gazprom and Shell agree on moving over to design stage of project for third train of LNG plant in Sakhalin
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The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Peter Voser, Chief Executive Officer of Shell, Gazprom announced.
Taking part in the meeting was also Ben van Beurden who will be Chief Executive Officer of Shell from January 1, 2014.
The parties discussed the current state of and the development prospects for the strategic cooperation in the Russian and international oil and gas markets. A focus was placed on promoting the joint activities in the areas of geological exploration, oil and gas production, processing and sales as well as LNG production.
The parties also addressed the prospects for the Sakhalin II project expansion and agreed to advise Sakhalin Energy to submit for consideration of the company's Board of Directors and Supervisory Board the issue of moving over to preparing FEED documents for the construction project of the third LNG process train in Prigorodnoye settlement, Sakhalin Island.
The parties resolved to get ready for signing a detailed Road Map for the abovementioned FEED documents in February 2014.