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REUTERS SUMMIT-Gazprom weighs 4th production train for Sahkalin-2 LNG plant

* For other news from Reuters Russia Investment Summit, click on http://www.reuters.com/summit/Russia15

YUZHNO-SAKHALINSK, Russia, Sept 29 (Reuters) - Russian energy giant Gazprom is considering building a fourth production train for its Pacific Sakhalin-2 LNG plant, a joint venture with Shell (LSE: RDSB.L - news) , Alexander Medvedev, the company's deputy CEO, said in an interview.

"From a technical point of view everything (that is needed for the fourth production train) is there," said Medvedev.

Gazprom was also ready to invest in LNG projects, including Sakhalin-2 and Baltic LNG, even though oil prices were as low as $45-50 per barrel, he said.

Follow Reuters Summits on Twitter (Swiss: TWTR.SW - news) @Reuters_Summits

For more summit stories, see (Reporting by Denis Pinchuk; Editing by Andrew Osborn)