Page 11 - GLNG Week 39 2021
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GLNG                                             EUROPE                                               GLNG























       Sakhalin-2 group to ship carbon-



       neutral LNG to Japan





        ENERGY           THE Sakhalin Energy consortium developing  carbon-neutral region in Russia by as early as
        TRANSITION       the Sakhalin-2 project in the Russian Far East  2023.
                         plans to ship its first carbon-neutral LNG cargo
                         to Japan early next month.           Sakhalin-1 investments
                           The delivery will be made under an agree-  In related news, ExxonMobil will invest $5bn
                         ment with Japan’s Toho Gas, the recipient of the  over the next five years in stabilising oil pro-
                         cargo. It will be shipped on board the Grand  duction at the Sakhalin-1 project in the Russian
                         Aniva LNG carrier to the Chita LNG terminal  Far East, the Sakhalin region’s governor, Valery
                         in Japan’s Aichi prefecture.         Limarenko, said on September 28.
                           Sakhalin Energy, whose shareholders are Rus-  ExxonMobil operates Sakhalin-1 project with
                         sia’s Gazprom, Royal Dutch Shell and Japanese  a 30% interest, while Russia’s Rosneft controls
                         firms Mitsui and Mitsubishi, controls a 10mn  20%, Japanese consortium SODECO has 30%
                         tonne per year (tpy) LNG export terminal on  and Indian firm ONGC has 20%. Comprising
                         Sakhalin Island.                     the Chayvo, Odoptu-Sea and Arkutun-Dagi
                           Carbon-neutral LNG trading has grown in  fields, the project accounts for 70% of oil and
                         popularity over the past year, even though it  gas condensate output on the island, Limarenko
                         stills accounts for only a miniscule share of the  said at the Sakhalin Oil & Gas 2021 forum. But
                         overall amount of LNG that is bought and sold.  production is in decline, and the consortium
                         LNG can be classified as carbon neutral if the  will need to take steps to arrest this trend, he
                         parties involved in the trade obtain certificates  said.
                         generated at projects that reduce or avoid emis-  “ExxonMobil plans to direct investment to   There currently
                         sions. But as the International Energy Agency  the tune of $5bn,” the governor was quoted as
                         (IEA) noted recently, there currently does not  saying by RIA Novosti.    does not exist a
                         exist a uniform system for monitoring, report-  Sakhalin-1 yielded 12.4mn tonnes (250,000
                         ing and verifying the emissions that result from  barrels per day) of oil and condensate last year,  uniform system
                         each cargo.                          along with 2.4bn cubic metres of gas, according
                           “Amid the global energy transition, Sakha-  to energy ministry data. This crude is delivered   for monitoring,
                         lin Energy considers environmental protec-  via the Trans-Sakhalin pipeline to a processing   reporting and
                         tion intrinsic to all production processes and  facility and is then exported on tankers to mar-
                         aims at the progressive reduction of green-  kets primarily in the Asia-Pacific region.  verifying the
                         house gas [GHG] emissions,” Sakhalin Energy   Besides natural decline, the Sakhalin-1
                         CEO Roman Dashov said in a statement. “The  group has also had to cut production because   emissions that
                         company’s decarbonisation initiatives are  of OPEC+ restrictions. Sakhalin-1 and Sakha-
                         complex measures within production pro-  lin-2 together cut production by 5.4% in 2020.   result from each
                         cesses that will result in the delivery of the  They forecast a further decline of 11.4% in 2022   cargo.
                         first carbon-neutral LNG at the Sakhalin-2  and 2.6% in 2023.
                         project.”                             Limarenko said the Sakhalin Energy group
                           The group “will continue moving in this  operating Sakhalin-2 was continuing active field
                         direction,” he said, “developing co-operation  development.
                         with the buyers in the Asia-Pacific region, who   “In addition, the focus of the company is on
                         place a big focus on the range of environmental  growth projects relating to the expansion of its
                         issues.”                             mineral resource base at the existing licence
                           Sakhalin has set a goal of becoming the first  areas,” the governor said.™



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