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2019 October 3 10:28

Gazprom to build three LNG plants in different sea basins

Gazprom is set to build three small plants of liquefaction of natural gas in different sea basins, IAA PortNews correspondent cites Kirill Neuymin, Head of Directory, PAO Gazprom, as saying at the roundtable meeting “Small scale lNG – a new breakthrough for natural gas” held in the framework of the 9th St. Petersburg International Gas Forum. According to the speaker, three small scale LNG projects are at different levels of development.

“Those projects will cover water bodies around us: the Baltic Sea (KS Portovaya – Ed.), the Black Sea with the entry to the Mediterranean Sea and the Sea platform Japan with the entry to the Pacific routes”.

The Baltic Sea project is under implementation.

“The Black Sea project is undergoing pre-investment feasibility study. We hope for a positive decision on the project since the Black Sea and the Mediterranean Sea is a very promising region in terms of small scale LNG consumption. The Vladivostok project is also undergoing pre-investment feasibility study. We see enormous prospects in the Chinese market” – said Kirill Neuymin.

When speaking about the prospects of the Far East project, Gazprom representative mentioned an independent Chinese company operating seven thousand of trucks involved in every-day transportation of LNG.

“Our Chinese friends are already able to ship 210 trucks with LNG from one terminal, - said Kirill Neuymin. – It is a promising region for us, especially taking into consideration environmental problems in the north-east of China with abundant power stations operating on coal. We expect this region to become a key consumer under this project. Besides, bunkering develops rapidly there”.

The 3rd “LNG Fleet and LNG Bunkering in Russia” conference organized by PortNews Media Group will address the issues of LNG application for seaborne and river transport on 22 October 2019 in Moscow. Read more on the Events page >>>>