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Article: Russian natural gas seen undercutting Middle East for growing Asia
- Article from:
- AP Worldstream
- Article date:
- June 2, 2003
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Dateline: TOKYO
Russian officials stumped for the country's resource-rich Sakhalin
island Monday as an Asian alternative to Middle Eastern natural gas
sources, saying projects underway could soon be powering 15 percent
of Tokyo's lighting needs.
Andy Calitz, commercial director of Sakhalin Energy Investment Co.
Ltd., said the region's liquefied natural gas project will start production
in 2007 and peak at an output of 9.6 million tons of natural gas per
year by 2020 _ with half going to Japan.
Calitz and Sakhalin regional Governor Igor P. Farkhutdinov, both in
Tokyo for the 22nd World Gas Conference, said Sakhalin would compete
with the Middle East as a major source ...