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Gazprom does not rule out third line of Vladivostok-LNG project

September 10, 2013, 22:47 UTC+3
The project provides for the construction of a liquefied natural gas plant near Vladivostok with an annual capacity of at least 15 million tonnes
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ST. PETERSBURG, September 10 (Itar-Tass) - Russia’s gas giant Gazprom does not rule out it might launch phase three of the project for the construction of a natural gas liquefying plant near the Far Eastern city of Vladivostok, the Vladivostok-LNG project, Gazprom Deputy CEO Valery Golubev said on Tuesday at a conference RAO/CIS Offshore devoted to the development of the continental shelf zone.

“The existing project envisages two lines with a capacity of five million tonnes each. In the future, a third line may be constructed,” he said, adding that most likely it would use natural gas from the Chayanda field.

The idea of the third stage may be considered if there is sufficient gas after the implementation of the project aimed at the development of gas distribution network in East Siberia and in the case of a favourable market situation.

The project provides for the construction of a liquefied natural gas plant near Vladivostok with an annual capacity of at least 15 million tonnes. Gas for the project’s first two lines will be delivered from the Sakhalin, Yakutia and Irkutsk’s gas production centres.

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