Vladivostok LNG project moved to the investment stage of the

The project involves the construction of Peninsula State University (Perevoznaya) of a liquefied natural gas, consisting of three production lines with capacity of 5 million tons of LNG per year. The first line will be introduced in 2018.

The resource base for the plant will be gas Sakhalin gas production center, and the center of Irkutsk and Yakutsk. The target markets include countries in the Asia-Pacific region.

The Management Board of OAO "Gazprom" approved "Justification of investments in the construction of the LNG plant near Vladivostok." Justification of investments will be the basis for the development of project documentation.

Thus, Vladivostok LNG project moved to the investment stage of implementation.

Core business units were charged in a month to prepare a plan of priority actions for the implementation of the project. In the plan, including, provides for the establishment in 2013, the special purpose company and conducting commercial negotiations with the buyers of LNG.

State "program in Eastern Siberia and the Far East, an integrated gas production, transportation and supply system with the possibility of gas exports to China and other Asia-Pacific countries" (Eastern Gas Program) was approved in September 2007 by the Ministry of Industry and Energy of the Russian Federation. "Gazprom" appointed by the Russian government coordinator for the implementation of this program.

In the East, Russia set up new gas production centers in Sakhalin and Kamchatka, began actively shaping Yakutia gas production center in line — Irkutsk and Krasnoyarsk centers.

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