Russia’s Gazprom signs Ust-Luga LNG deals

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By Mirza Duran Russian gas giant Gazprom said it signed several deals for its large liquefied natural gas export and chemical project in the Baltic port of Ust-Luga.

Port of Ust-Luga (Photo: Ust-Luga Company)

Gazprom and RusGazDobycha agreed to build the gas processing and liquefaction complex worth more than 700 billion rubles ($10.2 billion) in March last year.

The gas giant said in a statement released on Monday it signed 20-year commercial contracts to supply feed gas to the integrated project from its Achimov and Valanginian deposits in West Siberia.

It signed the deal with RusKhimAlyans, the project operator of the integrated complex established on a

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