March 16 (LNGJ) – Gazprom has decided to terminate the engineering, procurement and construction contract awarded to Nipigaz for the construction of a gas processing complex near Ust-Luga on the Baltic coast, eventually including an LNG plant.
“The purpose of the decision is to optimize the project costs,” said Gazprom. “The replacement of the contractor will not have any influence on the project implementation schedule. A new contractor for these works will be appointed in the near future,” added Gazprom. The EPC contract was signed for gas processing and off-site facilities within the integrated complex, but not for the liquefaction plant which was set to be signed later.
