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2019-04-01 11:00:00

RUSSIA'S GAZPROM LNG

РУССКИЙ СПГ ГАЗПРОМА

REUTERS - Russian gas producers Gazprom and RusGazDobycha will start a major gas processing and liquefaction project near the Baltic Sea port of Ust-Luga, Gazprom said on Friday.

The project will have a capacity of 13 million tonnes of liquefied natural gas (LNG), while investment in the project will total 700 billion roubles ($10.67 billion), it said.

The first block of the complex is to become operational in the second half of 2023 and the second block by the end of 2024, Gazprom said.

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