Gazprom revives the project «Vladivostok LNG»

© RIA Novosti / Ilya Petliurite in fotoreceptor of the Board of JSC Gazprom Alexey Miller and Chairman of the Board of Directors of PJSC Gazprom Viktor Zubkov during the annual meeting of shareholders of JSC Gazprom. 30 June 2017Gazprom revives the project «Vladivostok LNG»© RIA Novosti / Ilya Petliurite the image Bank

Gazprom revives work on the project «Vladivostok LNG,» said the Chairman of the Board of the company Alexey Miller.

«In the current time period, we project this much closer in our plans,» said Miller. Among the reasons he called «bunkering, growth in the Asia-Pacific market, the demand for natural gas».

«Most importantly, we see interest from foreign companies in this region who are willing to participate in this project with understanding of the focus on the market segment in the Asia Pacific region to natural gas, and in particular, the bunkers. Accordingly, we are now back up work on this project,» said Miller.

He noted that it’s not worth talking about the capacity of the project, who said the company informed. «I would now say that the draft medium-duty production,» he said.

Earlier «Gazprom» has postponed the implementation of the project «Vladivostok LNG». The Chairman of the Board of the company Alexander Medvedev said that Gazprom considers as a priority the expansion of the LNG plant in the framework of the project «Sakhalin-2», although not give up the project «Vladivostok LNG».