Gazprom Sticks to Baltic LNG Plans

Gazprom decided that the LNG plant in the Leningrad Region (Baltic LNG) should be built near the seaport of Ust-Luga.

‘The plant capacity will amount to 10 million tons of LNG a year with the possibility of expansion to 15 million tons. The plant will be supplied with gas from the Unified Gas Supply System (UGSS) of Russia’ reads a note released on Thursday evening. 

The company is also considering to increase gas shipments to the Leningrad Region.

“Our company holds a leading position in the global energy business. The Baltic LNG project will provide Gazprom with additional competitive advantages, enhance its presence in the dynamic LNG market and open up new supply regions for the Company,” Gazprom’s Alexey Miller commented.

Ust-Luga is about 110 kilometres west of St. Petersburg.