Pechora LNG Terminal

From Global Energy Monitor
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Pechora LNG Terminal was a proposed LNG terminal in Komi, Russia. It is now cancelled.

Location

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Project Details

  • Owner: RN - Pechora LNG[1]
  • Parent: Rosneft (50%), Alltech Group (50%)[2]
  • Location: Pechora, Pechora, Komi, Russia
  • Coordinates: 65.166667, 57.25 (approximate)
  • Type: Export[1]
  • Trains: 1[1]
  • Capacity: 2.6 mtpa, 0.37 bcfd[1]
  • Status: Cancelled
  • Start Year:

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Pechora LNG Terminal is a proposed LNG terminal in Komi, Russia.[1] A feasibility study was conducted by Technip in 2010,[1] and a pre-investment study of the project and exploration work was completed upon establishment of the joint venture between Rosneft and ALLTECH Group for the RN-Pechora LNG company.[3]

In February 2018 the Energy Committee of the Duma decided that Rosneft could not export LNG from its Pechora LNG plant as this would undermine Gazprom’s export monopoly.[4] In September 2018 Rosneft announced that it was abandoning the project, while it was unclear if AllTech would attempt to pursue it independently.[2]

Since Rosneft abandoned the project there has been no further progress, and the project appears to be cancelled.

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 Pechora LNG Terminal, A Barrel Full, accessed April 2017
  2. 2.0 2.1 Rosneft abandons planned Pechora LNG project, Kallanish Energy, Sep. 7, 2018
  3. History, Pechora LNG, accessed November 2017
  4. Rosneft Not Allowed to Export LNG, The Maritime Executive, Feb. 14, 2018

Related GEM.wiki articles

External resources

External articles