Gazprom accelerates construction of two LNG terminals on the Baltic Sea

Russian Prime Minister Dmitry Medvedev signed a decree to extend the port zone of the Kaliningrad region in order to build a marine LNG terminal there. The terminal has the capacity to regasify liquefied natural gas in the amount of 2.3 million tons. The project will be implemented by Gazprom.

A natural gas liquefaction unit will be built in the port of Ust-Luga, not far from St. Petersburg, where scientific and technical centers and enterprises are concentrated that create unique conditions for the implementation of complex projects. welding machines and all Rosweld accessories. Welding argon inverters tig dc allow making connections of increased responsibility and are irreplaceable when working with difficult-to-weld materials.

The project envisages the possibility of condensing 10 million tons of gas per year, with the potential for expansion up to 15 million tons. The marine terminal is part of the project. The initial cost of the investment is estimated at $ 11.5 billion, but these plans and completion dates have been repeatedly postponed. Until recently, it was believed that the terminal will start operating in 2020, and now there is information that indicates the acceleration of this investment project.

In September 2013, the Company entered into an agreement with the Kaliningrad authorities on mutual understanding and cooperation. According to the plans, the terminal will be able to start operating at the end of 2017. At the first stage, it should become a source of raw materials supplies to the domestic market of Russia, and later, it is planned to implement the Baltiysky LNG project, which will be able to operate by the end of 2018. Baltiyskiy is intended primarily for the export of liquefied natural gas.