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Gazprom says Japanese lender JBIC may help finance Sakhalin-2 LNG expansion

Photo courtesy of Gazprom.

(Reuters) Gazprom said that it has discussed possible financing with the Japan Bank for International Cooperation for the expansion of the Sakhalin-2 LNG plant.

It also said that it discussed with JBIC financing for the Amur gas processing plant in Russia.

Gazprom plans to add a third LNG production train at the Sakhalin-2 plant in 2021, possibly fed by a newly drilled gas field, as Russian companies seek to boost their share of the global LNG market.

Reporting by Vladimir Soldatkin

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