Sakhalin Energy To Cut Exports of LNG To 166 Cargoes

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  • Sakhalin Energy says overhaul to cut LNG exports to 166 cargoes in 2021
  • the overhaul includes maintenance and upgrades and is being carried out despite challenges posed by the pandemic

Sakhalin Energy expects to cut exports of liquefied natural gas (LNG) to 166 cargoes this year from a record-high 178 in 2020 says an article on Nasdaq.

To cut exports

Sakhalin Energy expects to cut exports of liquefied natural gas (LNG) to 166 cargoes this year from a record-high 178 in 2020 after recently launching its largest overhaul since opening in 2009, Controlled by gas giant Gazprom GAZP.MM, Sakhalin Energy supplies LNG to the Asia-Pacific and has major customers in China, Japan, South Korea, and Taiwan.

Maintenance and upgrades

CEO Roman Dashkov said the overhaul includes maintenance and upgrades and is being carried out despite challenges posed by the pandemic. “Those are technological facilities and IT systems. In the first place, this is related to the possibility of our production capacity expansion,” he said, adding the work, which began on July 9, is due to last around 37 days.

The company said it had notified its major customers about the maintenance. Located on the southern tip of the Russian Pacific island of Sakhalin, the company produced and shipped record volumes of LNG in 2020, topping 11.6 million tonnes and accounting for 3.2% of the global LNG demand. One LNG cargo is around 65,000 tonnes.

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Source: Nasdaq

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