Russia's Gazprom says launch of Baltic LNG postponed until 2022-2023


Reuters

MOSCOW, March 10 (Reuters) - Russian gas giant Gazprom
<GAZP.MM> has postponed the launch of its Baltic liquefied
natural gas (LNG) plant in the Leningrad region until 2022-2023,
it said in a prospectus for a Eurobond issue, a copy of which
was obtained by Reuters on Friday.
    The company may revise the commissioning date after the
project documentation is complete, Gazprom said.
    In June 2016, it signed a memorandum of understanding on the
project with oil major Royal Dutch Shell <RDSa.L>, according to
which Gazprom said it planned to build the plant by the end of
2021. [nR4N190011]

 (Reporting by Oksana Kobzeva; Writing by Polina Devitt; Editing
by Andrew Osborn)
 ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters
Messaging: polina.devitt.reuters.com@reuters.net))

Keywords: RUSSIA GAZPROM/SHELL (URGENT)



This article appears in: Commodities , Stocks , Commodities , World Markets , World Markets , Stocks
Referenced Symbols: RDSA


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