Gazprom to Launch Two LNG Plants in 2018, Russia

Gazprom to Launch Two LNG Plants in 2018, Russia

Alexey Miller, Chairman of the Gazprom Management Committee held at the Company’s headquarters a meeting dedicated to the company’s promising liquefied natural gas (LNG) projects, namely LNG plants in the Primorye Territory and Leningrad Region.

It was noted that the Vladivostok-LNG project with a minimum annual capacity of 15 million tons was progressing on schedule, with the first train to be commissioned in 2018.

A special-purpose company – Gazprom LNG Vladivostok – is being set up now for the purposes of the project. VNIPIgazdobycha was chosen as the general designer of the LNG plant. Work is underway on design specifications.

Gazprom compiled a list of potential strategic partners, whose overall stake in the project might amount to 49 per cent, provided they purchased at least 6 million tons of LNG to be produced within the project. In addition, working meetings were held with several companies capable of building the LNG plant under an EPC contract, with the emphasis placed on their interest in the project.

Work is in progress on the preparation of a resource base for the Vladivostok-LNG project. This year will see the commissioning of the Kirinskoye field offshore Sakhalin. In 2013 and 2014 four exploratory wells will be constructed at the Yuzhno-Kirinskoye field for preparing it for commercial development. It is planned to perform large-scale 3D seismic surveys and build several prospecting wells at the Ayashsky and Vostochno-Odoptinsky blocks within the Sakhalin III project.

Pro-active efforts are being made to market the gas of the Vladivostok-LNG project and talks are underway with potential customers in Asia-Pacific.

Gazprom started implementing another LNG plant project. To be constructed in the Leningrad Region, the plant will have an annual capacity of up to 10 million tons of LNG. Preliminary feasibility studies underpinning the economic viability of the project are already over, and a basic technical concept is developed. At the moment, two construction sites for the LNG plant are under review. The first train is planned to be operational in 2018.

The meeting resulted in assigning tasks related to developing an Investment Rationale to be completed in the first half of 2014, performing a feasibility study of the construction options and devising a comprehensive Action Plan for the project.

LNG World News Staff, June 28, 2013; Image: Gazprom

 

Share this article

Follow LNG World News

One thought on “Gazprom to Launch Two LNG Plants in 2018, Russia”

Comments are closed.

Events>

<< Sep 2016 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

The 7th Annual Floating LNG USA 2016

The 7th Annual Floating LNG USA 2016 will bring together over 65 speakers from every part of the FLNG value chain…

read more >

The 2nd Annual South Africa: Gas Options

The 2nd Annual South Africa: Gas Options meeting taking place on 3rd– 5th October at The Westin Cape Town hotel…

read more >

Gas to Liquids

The volatile oil price has had a dramatic impact on the Gas to Liquids market and some large-scale projects’ operators have struggled to adapt to this unsteady landscape. Over the last 12 months, we have witnessed a few promising projects halt or even shut down altogether. However, whilst some doors have had to close, other doors are opening with interesting emerging markets on the new GTL field. A few companies have discovered ways to significantly reduce operating costs and prove to be commercially viable despite the current economic climate.

Against this backdrop, SMi’s 19th annual Gas to Liquids conference will discuss how GTL companies can work with the tumbling oil price and how they can build robust strategies and create effective alternative solutions to enable them to weather the storm. The programme will have a special focus on small-scale GTL projects, giving you the chance to hear first-hand success stories from leading GTL operators. The two-day event will provide the ideal platform for experts to discuss with peers what companies need in place in order to overcome today’s challenges, with leading industry figures dissecting cutting edge topics, including project financing, marketing of GTL projects and innovative alternative applications of GTL plants.

For more information and to register online, visit: www.gas-to-liquids.co.uk

read more >

The Rio Oil & Gas Conference 2016

Rio Oil & Gas 2016 will address topics from energy efficiency to sustainable Oil & Gas industry…

read more >