26 Mar 2018 09:55

Nord Stream branch built to LNG plant at Portovaya station

MOSCOW. March 26 (Interfax) - RDI OG Peton LLC has complete the assembly of a gas pipeline to feed gas from the Nord Stream pipeline to a future liquefied natural gas (LNG) plant near the Portovaya compressor station in Leningrad Region.

Pneumatic and hydraulic testing of the branch pipeline will be conducted soon, the contractor said in a statement.

The Portovaya plant is supposed to have capacity to produce 1.5 million tonnes of LNG per year and is expected to cost 127 billion rubles.

"The complex, intended for local gasification and a presence in the Baltic countries, will become one of the economically important LNG projects in Russia," Peton said.

"Work on the project is being done by the set deadlines, according to the schedule set by the customer," Peton said.

The preparation of the construction site has been completed, more than 90% of all foundations have been laid and more than 8,000 tonnes of steel structures have been installed, the company said.

In addition, construction of the Mys 110/10 kV substation has been completed, thus ensuring that the facility is ready for power supply, Peton said.

The assembly of cryogenic pipelines for LNG and boil-off gas, the total length of which is about 4.5 km, is continuing, Peton cited project director Vyacheslav Grishin as saying.

The last memorandum for a Gazprom Eurobond issue said that the plant is due to be launched in December 2018, although the deadline for the execution of Peton's contract is April 2019.