Baltic LNG plant to be built near seaport of Ust-Luga, Gazprom says
Alexey Miller, chairman of Gazprom’s Management Committee, led a meeting dedicated to the execution of the Baltic LNG project at the company’s headquarters in Moscow.
During the meeting, it was resolved that the LNG plant in the Leningrad Region (Baltic LNG) should be built near the seaport of Ust-Luga.
The plant’s capacity will amount to 10 million tons of LNG a year with the possibility of expansion to 15 million tons. The plant will be supplied with gas from the Unified Gas Supply System (UGSS) of Russia.
The meeting participants also considered the issue of expanding the UGSS to deliver gas to the LNG plant and to consumers in the Leningrad Region.
“The Baltic LNG project will provide Gazprom with additional competitive advantages, enhance its presence in the dynamic LNG market and open up new supply regions for the Company,” Miller said.
At the end of the meeting, tasks were given to prepare the Baltic LNG project for the investment stage.
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