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2021-05-25 12:30:00

GAZPROM LNG PLANT

GAZPROM LNG PLANT

ENERDATA25 May 2021 - Gazprom has started to build a new 13 Mt/year (17.5 bcm/year) LNG production plant in Ust-Luga, in the Leningrad region (western Russia). The project, developed in partnership with RusGazDobycha on the shores of the Baltic Sea, will tap gas resources with high level of ethane from the Arctic region of Yamal; Gazprom and RusGazDobycha have agreed to jointly develop the Tambey field on the Yamal peninsula (first production in 2026). It will process around 45 bcm/year of gas to produce LNG - it will include two 6.5 Mt/year trains - 3.6 Mt/year of ethane and up to 1.8 Mt/year of LPG. The first phase of the project is expected to be commissioned in 2024 and the second one in 2025.

The Ust-Luga project is in line with Russia's plans to boost its LNG production capacity to around 140 Mt/year by 2035 and to raise its global LNG market share to 20%.

 

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Tags: GAZPROM, LNG, GAS