The feasibility study on the Vladivostok LNG project in Russia has been finalised, Platts reported today, citing an unnamed source.
The study on Japan and Russia’s planned LNG project was completed by Japan Far East Gas Co., a joint venture between Japan Petroleum Exploration, Itochu, Marubeni, Inpex and by Itochu Oil Exploration, and it has been sent to Gazprom.
The study included a Pre-FEED for the construction of a LNG plant in Vladivostok with production capacity of 10 million tons per year.
Japan and Russia will now verify the study results and decide whether to go further with the LNG project.
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LNG World News Staff, January 4, 2012; Image: Gazprom