The Sakhalin LNG project was once entirely private. Gazprom forced itself onto the partnership of Shell and Mitsui quite some years ago after the hard work had been done. Personally, I was not even sure if Shell might not exit the country altogether at the time. But it did not. Why did Gazprom not kick everyone out and take 100%? I guess they needed Shell’s know-how. Don’t underestimate big LNG plants – they are very complex to build and run. Lots of stuff can go wrong and I have a feeling that they will once China comes onboard instead of Shell. Good luck.
China's interest in buying an abandoned stake in a Russian LNG export project is giving Japan justification to continue its JV with Gazprom.