Gazprom’s board approves deal with Linde on third Ust-Luga LNG train

Russian gas giant Gazprom said its board has approved a memorandum with Linde regarding the construction of the third liquefaction train at the natural gas and LNG production complex in the Baltic port of Ust-Luga.

Gazprom and partner RusGazDobycha started building the massive complex earlier this year. RusKhimAlyans, a joint venture established on a parity basis by the duo, will operate the complex.

Also, Linde and Renaissance Heavy Industries have won a contract to build the two-train 13 mtpa LNG export plant, which is a part of the complex.

Gazprom said in October that RusKhimAlyans and Linde signed a memorandum of intent to “assess the possibility” of building the third production train.

The state-owned firm said on Friday that its board has approved the memorandum of intent with Linde and RusKhimAlyans on building the third LNG train.

It did not reveal any additional information.

Gazprom previously said it had expected the first LNG train of the complex to go into operation in the fourth quarter of 2023 and the second train in the fourth quarter of 2024.

However, these dates would probably move to 2024 and 2025.

Most Popular

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

NextDecade, Jera seal 20-year LNG SPA

Japan's Jera has signed a 20-year deal to buy liquefied natural gas from the planned fifth train at NextDecade's Rio Grande LNG facility in Texas.

US weekly LNG exports reach 29 cargoes

US liquefied natural gas (LNG) plants shipped 29 cargoes during the week ending May 28. According to the Energy Information Administration, pipeline deliveries to the LNG terminals remained unchanged compared to the prior week.

More News Like This

Russian LNG production drops in April

Russian liquefied natural gas (LNG) production decreased in April compared to last year, according to the Russian statistics agency Rosstat.

Russian LNG production down in Q1

Russian liquefied natural gas (LNG) production decreased in the first quarter of this year, according to the Russian statistics agency Rosstat.

Russian LNG production down in January-February

Russian liquefied natural gas (LNG) production decreased in the first two months of this year compared to the same period last year, according to the Russian statistics agency Rosstat.

US sanctions two Russian LNG terminal operators

The Department of State announced on Friday that the US is sanctioning major targets in Russia’s energy sector, imposing...