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Gazprom postpones the launch of the LNG-Vladivostok plant in Primorye
The launch of the LNG-Vladivostok plant is postponed for 2019-2020, instead of the year announced earlier in 2018. The change in the timing of the project is due to the development of a new oil field by Gazprom and the expansion of the Sakhalin-2 refinery, which are more priority areas at the moment.
The main reason for the change in timing is the results of additional exploration of the Yuzhno-Kirinskoye field (offshore Sakhalin), which showed a large amount of oil. In this regard, Gazprom is forced to change the field development scheme. As the Minister of Economic Development of the Sakhalin Region Sergey Karpenko explained, there is a priority of the development of oil fields over the development of gas production. “According to technology, oil and gas fields are first developed at oil and only then gas. That is, the LNG plant in Vladivostok may be postponed in this situation to a longer perspective. "
Until now, it was believed that the first stage of this plant will be launched in 2018, and in 2020, the plant should have reached its designed capacity - 10 million tons per year. However, now the authorities of Sakhalin are ready to return to negotiations with Gazprom on the construction of an oil refinery in the region.