Gazprom, Mitsui ink Baltic LNG deal

Baltic LNG plant’s location (Image courtesy of Gazprom)

Russian gas giant Gazprom and Japan’s Mitsui and Co. signed a memorandum of understanding on the planned Baltic liquefied natural gas (LNG) export project.

The deal was signed on Wednesday in Vladivostok during a meeting between Gazprom head Alexey Miller and Mitsui Chairman Masami Iijima, according to a Gazprom statement.

The LNG export project to be located at the Russian port of Ust-Luga is led by Gazprom and its partner Shell.

It is expected to have a capacity of 10 million tonnes per annum of LNG with the first production scheduled for 2023.

During the meeting, Miller and Iijima also discussed the Sakhalin II project, especially the construction of the third train of the Sakhalin LNG plant, and possible cooperation in the area of small- and mid-scale LNG in the Far East, the statement said.

Gazprom and Mitsui are also partners in the Sakhalin II project, which includes the LNG export plant with a nameplate capacity of 9.6 million tonnes per year.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Nov 2018 >>
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 International Gas Cooperation Summit (IGCS)

The Summit will put the objectives of South Africa and the region at the forefront of international gas development…

read more >

LNG Supply, Transport & Storage South Asia Forum 2018

LNG Supply, Transport & Storage South Asia Forum 2018 will address and propagate LNG imports…

read more >

The Nineteenth CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening is recognised as the premier end of year gathering for the global LNG industry.

read more >

LNG India Summit 2018

After three successful editions, LNG Summit is back with yet another edition for chief LNG…

read more >