HomeMediaLatest NewsSakhalin-2 is delaying with a new shareholder

Sakhalin-2 is delaying with a new shareholder

28 December 2022

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department

Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance, commented to the Kommersant newspaper about NOVATEK's interest in joining the Sakhalin-2 project.

Sergey Kondratiev believes that NOVATEK may show interest in joining the project, despite the minority stake and the need for close cooperation with Gazprom.

"This will allow the company to increase the controlled LNG production capacity at a relatively low valuation of the asset," the expert believes. If NOVATEK refuses the stake, Gazprom is likely to get it, Mr. Kondratiev believes, for this you can simply change the criteria for selecting an investor. 

Kondratiev Sergey V. Principal Director on Economic Studies, Head of the Economic Department
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