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Decision on use of Yuzhno-Kirinskoye field gas may be made before year end

Russian Energy Minister Alexander Novak also noted that the most preferable for Gazprom option at the moment is the construction of an LNG plant in Vladivostok

YUZHNO-SAKHALINSK, July 16 (Itar-Tass) - The decision on where natural gas from the Yuzhno-Kirinskoye field will be used may be made by the end of 2013, Russian Energy Minister Alexander Novak said.

“Gazprom is currently considering two options. I think that before the end of the year the final decision will be made on where the Yuzhno-Kirinskoye field resources will go,” Novak said at a meeting on the development of the Sakhalin Region.

He also noted that the most preferable for Gazprom option at the moment is the construction of an LNG plant in Vladivostok.

According to the minister, the third phase project for the natural gas liquefaction on Sakhalin is an alternative to the construction of an LNG plant in Vladivostok.

“Gazprom is considering for these two projects one resource base - the Kirinskoye field and Yuzhno-Kirinskoye field,” Novak specified.

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