Russian gas giant Gazprom is moving forward with a gas processing and liquefaction project, set to be the largest LNG plant in northwest Europe, Kallanish Energy reports.
The integrated complex will be located near Ust-Luga, in the Leningrad region, northwest Russia. It will have a gas processing capacity of 45 billion cubic meters per year (Bcm/y) – the largest in Russia – and a liquefaction capacity of 13 million tonnes per annum (Mtpa).
Gazprom said earlier this month it’s working on attracting project financing from both Russian and international credit institutions. It’s also currently clearing and preparing the site for construction works to begin.
The complex will process ethane-containing gas supplied via gas pipelines from Gazprom’s deposits in the Nadym-Pur-Taz region. It will be operated by RusKhimAlyans – a 50-50 joint venture between Gazprom and RusGazDobycha.
A gas chemical facility with capacity to produce 3 Mtpa of various polyethylene grades will be built by RusGazDobycha.
Gazprom said the first trains will come on stream in the fourth quarter of 2023, second trains to be commissioned a year later.
This post appeared first on Kallanish Energy News.