YUST has advised Rusgazdobycha JSC on the preliminary stage of an agreement with Gazprom to build a gas plant in the Leningrad region of Russia.
The capacity of the production complex, which will be in the Ust-Luga District of Leningrad Oblast, will be up to 45 billion cubic meters of gas per year. The project is valued at approximately USD 20 billion.
According to YUST, gas purification will be performed at the gas plant and the resulting methane will be delivered to Baltic LNG for liquefaction. It is expected that of some of the gas will be exported along the Nord Stream-2 line — a new export gas pipeline running from Russia to Europe across the Baltic Sea.
The YUST team consisted of Associated Partners Roman Cherlenyak and Alexander Rudyakov.