Gazprom Neft mulling Arctic LNG facility

Gazprom Neft mulling Arctic LNG facility
Illustration purposes only (Image courtesy of Gazprom Neft)

Russia’s Gazprom Neft is reportedly considering the development of its own LNG facility in the Arctic as it sizes the monetization options for its natural gas resources. 

Reuters reports the company is looking at options for the development of its natural gas reserves in the Yamal region.

In a tender floated late last year, Gazprom Neft sought a study showing how to best utilize its gas reserves in the region and whether developing it in LNG form is an option.

Citing a Gazprom Neft spokesperson, Reuters, reports the project is still in its initial stages.

In addition to a natural gas liquefaction facility, Gazprom Neft is considering the construction of a pipeline across the Arctic seabed connecting its Novoport field to the existing network of its parent company Gazprom.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Aug 2019 >>
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 31 1

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >