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Sanctions to have no effect on Yuzhno-Kirinskoye field drilling — Gazprom

YUZHNO-SAKHALINSK, September 24. /ITAR-TASS/. Western sanctions will not have any influence on Russian gas giant Gazprom’s drilling at the Yuzhno-Kirinskoye field and launch terms of a Vladivostok LNG plant, Viktor Timoshilov, head of the company’s project management department, said Wednesday at a news conference.

The field is a resource base for the plant which will be launched in late 2018 or early 2019, Timoshilov said.

Gazprom and Gazprombank are holding negotiations on financing of the Vladivostok LNG plant project with various financial institutions, he added.