Thai Companies Want to Invest in Sakhalin LNG Terminal

Businessmen from Thailand are interested in investing into setting up an LNG transshipment terminal on Sakhalin, as they want to receive supplies of Russian liquefied natural gas, the region’s governor Valery Limarenko has said, according to Interfax.

On Tuesday, a delegation from the Southeast Asian country arrived for an official visit in the Russian region.

According to Limarenko, as cited by the news agency, they are “interested in joint implementation of Sakhalin projects and plan investments in some of them,” as well as purchasing LNG from the island region.

Among the projects named was the construction of an LNG transshipment terminal on Sakhalin. The Russian region is ready to provide contract supplies of a certain amount of fuel even before the start of the project, Limarenko said.

He explained that LNG from Yamal will be loaded on vessels in Sakhalin, which will deliver it further to Asian countries. The governor did not give any details about the costs of the terminal construction.

Besides LNG supplies, the two sides also discussed improvement of transport infrastructure, the construction of large logistics facilities, and the development of tourism.

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