- Rosneft (RNFTF) says it is on track to start production at its first liquefied natural gas plant in Russia's far east in 2018-19, and signals that its partnership with Exxon Mobil (XOM -0.3%) for building the plant will not be affected, despite tension over Ukraine.
- Rosneft says current LNG prices in Asia, at more than $15/MBtu, would enable it to successfully carry out its LNG project, which will have an initial annual capacity of 5M metric tons.
- Rosneft also says it expects its gas output this year to rise to ~55B cubic meters and to more than 63B next year.
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