Gazprom Partner to Start Building Baltic Sea Chemical Plant

Reuters, April 5, 2021

RusGazDobycha, a business partner of Russian gas giant Gazprom, plans to start building a chemical plant as part of a massive gas processing cluster on the shores of the Baltic Sea, later this month, RusGazDobycha said on Friday.

The wider project with Gazprom's participation will help Russia, already a leading energy producer, to reach its goal of boosting its share of the liquefied natural gas (LNG) market.

The cluster is designed to process annually 45 billion cubic metres of natural gas, produce 13 million tonnes of LNG, 3.6 million tonnes of ethane and up to 1.8 million tonnes of liquefied petroleum gas (LPG).

A first stage of the cluster is set to come on stream in 2024, while the second is to be launched in 2025.

RusGazDobycha did not give financial details for the project that is in part financed by the Russian state, including by the VEB corporation.

Royal Dutch Shell quit the project in 2019 after Gazprom integrated the Baltic LNG project and gas processing plants and added a partner with links to an ally of Russian President Vladimir Putin.

(Reporting by Vladimir Soldatkin and Oksana Kobzeva; Editing by Barbara Lewis)

Click here to read the full article from Reuters.

Copyright 2024 Thomson Reuters. Click for restrictions.

Comments and Discussion

There are no comments yet.

Add a Comment

Please log in or register to participate in comments and discussions.

Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Training Solutions

Improve your skills in key mechanical integrity subjects.

Case Studies

Learn from the experience of others in the industry.


Inspectioneering's index of mechanical integrity topics – built by you.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.


Read short articles and insights authored by industry experts.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.


Downloadable eBooks, Asset Intelligence Reports, checklists, white papers, and more.

Videos & Webinars

Watch educational and informative videos directly related to your profession.


Commonly used asset integrity management and inspection acronyms.