Ukraine LNG Terminal
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Ukraine LNG Terminal, also known as Black Sea LNG and Odessa LNG, was a proposed floating liquefied natural gas (LNG) import terminal in Odessa Oblast, Ukraine. There have been no development updates since 2017 and the project is presumed to be cancelled.
- Owner: Ukrainian Government
- Location: Yuzhnyi Port, Odessa Oblast, Ukraine
- Coordinates: 46.623611, 31.101111 (approximate)
- Capacity: 7.3 mtpa, 1.05 bcfd
- Status: Cancelled
- Type: Import
- Start Year:
- Cost: US$1.21–1.38 billion
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
The project was to be constructed in two phases. Phase one construction was to include the FSRU, with a capacity of 5 billion cubic meters per year. Phase two construction was to include a ground LNG terminal with a capacity of 5 billion cubic meters per year, bringing the facility total to 10 billion cubic meters per year. Three LNG storage tanks with a capacity of 180,000 m3 were also to be erected.
The project was launched in 2012, but was then suspended in 2013 due to a lack of sufficient investment. It was resumed in July 2017 after Frontera signed a memorandum of understanding with Ukraine's Naftogaz to begin construction.
The LNG terminal was considered strategically important for Ukraine, which imports a majority of its natural gas from Russia. Russian natural gas imports cost Ukraine $297 per 1,000 cubic meters. Russia refused to consider Ukraine's request to reduce the price to $240, prompting Ukraine to consider development of the LNG terminal.
There have been no development updates since 2017 and the project is presumed to be cancelled.
Articles and resources
- "Ukraine Seeks to Build Black Sea LNG Terminal by End of 2016". 2010-11-02. Retrieved 2021-12-22.
- Ukraine LNG Terminal, Hydrocarbons Technology, accessed August 2017
- Odessa LNG Terminal, GIIGNL, accessed April 2017
- Ukraine to resume suspended LNG terminal project: PM, Xinhuanet, 17 Jul. 2017