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Gazprom takes FID on Vladivostok-LNG project

27th February 2013

Vladivostok-LNG project reaches investment stage, as Gazprom uses 15 mtpa LNG project to eye Asian markets

Gazprom takes FID on Vladivostok-LNG project
The plant will have three process trains each with a capacity of 5 million mtpa of LNG

Gazprom’s Vladivostok-LNG project has entered the investment stage, the Russian state-owned gas giant announced last week.

The company’s management committee took a final investment decision (FID) on the 15 million tonnes per annum (mtpa) LNG project which will target Asian markets.

The Vladivostok-LNG project includes the construction of an LNG plant on the Lomonosov Pensinsula in the Perevoznaya Bay. The plant will have three process trains each with a capacity of 5 million mtpa of LNG.

The first train is slated to go onstream in 2018. The plant will receive gas from the Sakhalin, Yakutia and Irkutsk gas production centres and export to countries of the Asia-Pacific region, Gazprom has said.