White & Case has advised Baltic Gas Chemical on the construction of a methanol plant project in Ust-Luga, an industrial port in Russia's Leningrad region.
BGCC is the initiator and operator of the methanol plant project, which consists of the construction of a world-scale methanol plant from natural gas with a capacity of 1.7 million tonnes per annum, and a sea export terminal in Ust-Luga. The enterprise is due to be launched before 2023.
White & Case advised BGCC on the license agreement for the production of methanol that was signed with Haldor Topsoe AS and Mitsubishi Heavy Industries Engineering on May 25, 2018 at the St. Petersburg International Economic Forum. The firm's team was co-led by Moscow Local Partner Nikolay Feoktistov and Counsel Daria Plotnikova, and included New York Partner Jean Shimotake.