ULAN-UDE, Russia, April 11 Rosneft and
ExxonMobil will have to invest some $15 billion to build
a liquefied natural gas plant and necessary infrastructure in
Russia's Far East, an Exxon official told Russian President
Vladimir Putin on Thursday.
"We are talking probably about $15 billion," ExxonMobil
Development President Neil Duffin told Putin via a video link
from Russia's Pacific island of Sakhalin. Putin was in the East
Siberian city of Ulan-Ude.
Rosneft and U.S. major ExxonMobil have agreed to
study the possibility of building a plant to liquefy gas from
their Sakhalin-1 oil and gas project off Russia's Pacific coast.
Rosneft Chief Executive Officer Igor Sechin said the plant
could be either built on Sakhalin or in the mainland, Khabarovsk
region, in Russia's Far East.
Sechin also said that Rosneft and South Korea's STX Corp
were in talks over building a fleet of vessels and
platforms for Rosneft's offshore projects.