Production of liquefied natural gas surged by as much as 10% last year, the operator of Sakhalin-2 says The Sakhalin-2 liquefied natural gas (LNG) project is expected to generate twice as much revenue in 2023 compared to its earnings before the Ukraine-related sanctions rained down on Russia’s energy sector, Reuters reported on Thursday, citing industry analysts. The boost is attributed to long-term contracts with clients from the Asian region, along with higher global energy prices. Renewed deals with Asian buyers are expected to secure demand for up to 6.5 million tons of the super-chilled fuel annually from Sa
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