Gazprom to plan to invest $8 billion into the first stage of LNG plant in Primorye

Gazprom intends to construct an LNG plant in Primorye. The company’s investments into the 1st stage of the plant are estimated at $8 billion, the Governor of Vladivostok V.Miklushevsky announced.

Money will start to be invested from spring of 2013. The start of investment requires feasibility study of the project. The region’s Government helps to settle land questions.