Gazprom plans to launch third LNG train at Sakhalin-2

• Gazprom (OTCPK:OGZPY) says it plans to launch a third liquefied natural gas production train at the Sakhalin-2 LNG plant in 2021, possibly fed by a newly drilled field.
• Sakhalin-2, Russia's sole LNG plant and run by Gazprom, Royal Dutch Shell (RDS.A, RDS.B), Japan's Mitsui and Mitsubishi, operates two production lines with a combined capacity of 10M metric tons/year of LNG, and the third train should add another 5M tons.
• An obstacle to expansion is the resource base; the group is considering buying gas from the Sakhalin-1 project led by ExxonMobil and Rosneft, developing new resources, or a combination, but Sakhalin-1 is aiming for its own LNG plant.