Russian gas giant Gazprom and RusGazDobycha (National Chemical Group) have set up a 50-50 special-purpose company, RusKhimAlyans, to develop a large gas and LNG complex worth more than RUB 700bn (US$11bn) in Ust-Luga, in the Leningrad region (Russia).
The project would process 45 bcm/year of ethane-containing gas produced by Gazprom from the Achimov and Valanginian deposits of the Nadym-Pur-Taz region and gas and condensate from the Tambeyskoye and Tasiyskoye fields owned by Gazprom, of which 20 bcm/year would be injected in the gas transmission network. The project would include a 13 Mt/year LNG plant, and would produce up to 4 Mt/year of ethane and over 2.2 Mt/year of liquefied petroleum gases (LPG). The first train of the LNG plant would be commissioned in the second half of 2023 and the second one in late 2024.
In October 2018, Gazprom had signed a Framework Agreement with Shell on the joint design concept for Baltic LNG, a proposed 10 Mt/year LNG project in the port of Ust-Luga.
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