MOSCOW—Russia’s Rosneft and U.S. ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said.
The four companies—Rosneft, Exxon, Japan’s SODECO, and India’s ONGC Videsh—are partners in the Sakhalin-1 group of fields that will supply the gas, but Exxon and Rosneft had initially planned to build the LNG plant without the other consortium members.
