Project Profile
Value: US$10 billion
Location: Seaport of Ust-Luga, Russia
Annual capacity: 10 million tons
Commissioning Year: 2022-2030
The Baltic LNG plant will be will be built near the seaport of Ust-Luga and its annual capacity will amount to 10 million tons; with the expansion option to 15 million tonnes per year. In June 2013, Gazprom and the Leningrad Region signed the Memorandum of Understanding and Cooperation with regard to an LNG plant project. In June 2016, Gazprom and Shell inked the Memorandum of Understanding on the Baltic LNG project.
Operators:
Gazprom
Shell