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Exxon says Sakhalin-1 still meeting expectations

Tue Feb 12, 2008 11:47am EST

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HOUSTON, Feb 12 (Reuters) - Exxon Mobil (XOM.N) Senior Vice President Mark Albers said at an energy conference on Tuesday that the company's Sakhalin-1 project continues to perform as expected, contradicting earlier media reports.

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An executive at Rosneft (ROSN.MM), a partner at Sakhalin, said earlier this month that production at the project was expected to fall to 7.9-8.2 million tonnes in 2008. Russian officials had previously said the field would produce around 10 million tonnes this year. (Reporting by Michael Erman; Editing by Marguerita Choy)

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