Rosneft quits Pechora LNG project in Russia's north west
9/6/2018
MOSCOW, (Reuters) - Rosneft, Russia’s top oil producer, will quit the Pechora LNG project in Russia’s north west, a spokesman said.
“Currently, the company sees no prospects of the project and is quitting it without any losses or (outstanding) obligations,” the spokesman said.
Reporting by Vladimir Soldatkin; writing by Katya Golubkova; editing by Jason Neely
Sign up to Receive Our Newsletter

- U.S. ethane exports to China hit new roadblock with license requirement
- Australia clears Woodside to run North West Shelf LNG plant to 2070
- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
- Siemens and TURN2X join forces to scale up green energy production
Comments