MOSCOW -- Gazprom opposes the plans of Rosneft and
ExxonMobil to build a gas liquefaction plant on the Pacific
island of Sakhalin and is prepared to continue talks on buying
and liquefying the gas itself, a Gazprom executive was quoted
as saying by Prime news agency.
Gazprom operates Russia's only liquefied natural gas plant,
known as Sakhalin 2, but is facing competition from the planned
Rosneft Exxon plant on Sakhalin and Novatek's Yamal LNG. The
government is drafting legislation to allow companies other
than Gazprom to export LNG.
Rosneft and Exxon's LNG proposed plant "doesn't need to be
built," Prime cited Gazprom's chief for projects in Russia's east, Viktor
Timoshilov, as saying. "A lot of infrastructure is already
built, and there's no need, in our view, to build more."
Mr. Timoshilov said Gazprom was prepared to continue talks
on buying gas from Rosneft and Exxon's Sakhalin 1.
Responding to Mr. Timoshilov's remarks, Rosneft said in a
statement that it had evaluated the project's viability and "doesn't
need additional evaluations from competitors."
Dow Jones Newswires