Ukraine LNG Terminal

From Global Energy Monitor
Part of the
Global Gas Infrastructure Tracker,
a Global Energy Monitor project.
Download full dataset
Report an error

Ukraine LNG Terminal, also known as Odessa LNG and Black Sea LNG, is a cancelled (inferred 4 y) LNG import terminal in Ukraine.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Ukraine LNG Terminal Yuzhnyi Port, Odessa Oblast, Ukraine[1] 46.623611, 31.101111 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Ukraine LNG Terminal import[2] cancelled (inferred 4 y) 7.3 mtpa[3] 7.3 mtpa True

Table 3: Cost

Name Facility type Cost Total known terminal costs
Ukraine LNG Terminal import[2] US$1,210,000,000[4] US$1,210,000,000

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
Ukraine LNG Terminal import[2] cancelled (inferred 4 y) 2012[2] 2021 (cancelled)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Ukraine LNG Terminal import[2] cancelled (inferred 4 y) Government of Ukraine [100%][5] Government of Ukraine [100.0%]

Background

Ukraine LNG Terminal was a proposed floating storage and regasification unit (FSRU) near Yuzhny Port in Odessa Oblast, Ukraine.[6][7]

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.[6]

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.[8]

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.[6] Russia refused to consider Ukraine's request to reduce the price to $240, prompting Ukraine to consider development of the LNG terminal.[6]

There have been no development updates since 2017 and the project is presumed to be cancelled.

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.

References

  1. https://www.google.com/maps/place/46%C2%B037'25.0%22N+31%C2%B006'04.0%22E/@46.623611,31.0985361,793m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d46.623611!4d31.101111?entry=ttu&g_ep=EgoyMDI1MDcyMS4wIKXMDSoASAFQAw%3D%3D. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 2.2 2.3 2.4 http://bit.ly/2wcTm0Q. {{cite web}}: Missing or empty |title= (help)
  3. https://www.offshore-technology.com/projects/ukraine-lng-terminal/. {{cite web}}: Missing or empty |title= (help)
  4. https://www.bloomberg.com/news/articles/2010-11-02/ukraine-seeks-to-build-black-sea-lng-terminal-by-end-of-2016. {{cite web}}: Missing or empty |title= (help)
  5. http://bit.ly/2mbkg1r. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 6.2 6.3 Ukraine LNG Terminal, Hydrocarbons Technology, accessed August 2017
  7. Odessa LNG Terminal, GIIGNL, accessed April 2017
  8. Ukraine to resume suspended LNG terminal project: PM, Xinhuanet, 17 Jul. 2017