Portovaya LNG Terminal

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Portovaya LNG Terminal, also known as КСПГ Портовая, is an LNG export terminal in Russia with units that are operating and shelved (inferred 2 y).

Location

Table 1: Location details

Name	Location	Coordinates (WGS 84)
T1	Vyborgsky District, Leningrad Oblast, Russia	60.523347, 28.130122 (exact)
T2	Vyborgsky District, Leningrad Oblast, Russia	60.523347, 28.130122 (exact)
T3	Vyborgsky District, Leningrad Oblast, Russia	60.523347, 28.130122 (exact)

The map below shows the exact location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year

Name	Facility type	Status	Capacity	Total terminal capacity	Offshore	Associated infrastructure
T1	export	operating	0.75 mtpa	3.5 mtpa	False	Nord Stream Gas Pipeline
T2	export	operating	0.75 mtpa	3.5 mtpa	False	Nord Stream Gas Pipeline
T3	export	shelved (inferred 2 y)	2 mtpa	3.5 mtpa	False	Nord Stream Gas Pipeline

Table 3: Cost

Name	Facility type	Cost	Total known terminal costs
T1	export	US$810,000,000	US$3,620,000,000
T2	export	US$810,000,000	US$3,620,000,000
T3	export	US$2,000,000,000	US$3,620,000,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward

Name	Facility type	Status	Proposal year	FID year	Construction year	Operating year	Inactive year
T1	export	operating	–	–	2016	2022	–
T2	export	operating	–	–	2016	2022	–
T3	export	shelved (inferred 2 y)	–	–	–	–	2025 (shelved)

Ownership

Table 5: Ownership

Name	Facility type	Status	Owners	Parent companies	Operator
T1	export	operating	Gazprom LNG Portovaya LLC [100%]	Gazprom PJSC [74.9%]; Deposit Insurance Agency Corp; Gazprombank JSC	Gazprom LNG Portovaya
T2	export	operating	Gazprom LNG Portovaya LLC [100%]	Gazprom PJSC [74.9%]; Deposit Insurance Agency Corp; Gazprombank JSC	Gazprom LNG Portovaya
T3	export	shelved (inferred 2 y)	Gazprom PJSC [100%]	Gazprom PJSC [100.0%]	Gazprom LNG Portovaya

Background

Originally scheduled for completion in 2018, the Portovaya project is an LNG export terminal near the Russia-Finland border. Gas for the terminal is sourced from Gryazovets-Vyborg gas pipeline connected to the Portovaya compression station, the same station that feeds the Nord Stream Gas Pipeline.

In November 2021, project owner Gazprom reported that construction of the project was "in its final stage". In January 2022, with tensions escalating between Russia and Ukraine, Russian authorities conducted an emergency inspection of the terminal site to check construction status. The terminal is seen as a key alternative source of LNG deliveries to the Russian enclave of Kaliningrad in the event that pipeline deliveries via Belarus and Lithuania are halted. Peton, the contractor responsible for building the terminal, has stated that LNG production should begin in 2022.

In September 2022, the terminal started producing LNG at two production lines. Portovaya is set to supply LNG to Russia's Kaliningrad region, sandwiched between Lithuania and Poland.

The complex includes a marine terminal that ensures the shipment of LNG by gas carriers, incl. small-tonnage, an LNG shipment terminal by road, an onshore storage facility with a capacity of 42,000 m3, and a floating storage facility with an offloading system with a capacity of 138,000 m3.As a floating storage facility, Gazprom purchased the gas carrier Excel, which was refitted and named Portovy.

Operations under sanctions

As of May 2025, Portovaya LNG Terminal has significantly reduced its export activities due to U.S. sanctions that came into full effect on February 27, 2025. These sanctions have impacted both the facility and the LNG carriers associated with it, leading to a suspension of international shipments. In late March 2025, the floating storage and regasification unit (FSRU) Marshal Vasilevskiy received LNG from Portovaya. This LNG was subsequently utilized to supply Russia's Kaliningrad region during a temporary halt in pipeline gas transit through Lithuania from April 2 to April 22, 2025. The last time the gas carrier was loaded with LNG at Portovaya was in mid-January 2025 and has been anchored in the Baltic Sea since then. There is also a Pearl loaded with export liquefied gas.

In December 2025, the first post-sanctions cargo was delivered from the Portovaya LNG terminal to China, with the second cargo being delivered in April 2026.

Train 3

In September 2022, Gazprom announced plans to expand the existing terminal with a third liquefaction train using domestic technology, with the potential for additional capacity of 2 mtpa.

The project was not included into the "Energy Strategy of the Russian Federation until 2050", released by the Ministry of Energy of Russia in April 2025. As of June 2026, there have not been any updates on the expansion project.

Ownership changes

In December 2023, it was reported that Gazprombank has become a co-owner of the project. While GIIGNL 2024 report states that "Portovaya LNG is now operated by JV Portovaya", that appears to be incorrect. According to Russian-language sources, after the ownership change, the plant is still operated by Gazprom LNG Portovaya LLC. JV Protovaya is an intermediate owner that in turn owns 99% of Gazprom LNG Portovaya LLC. Additionally, the GIIGNL report incorrectly states that each parent company (Gazprom and Gazprombank) holds a 50% stake; however, in fact Gazprom owns 50.1% of the shares and is the majority shareholder.

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.