Vladivostok LNG Plant Gets $7Bln

UFA — Gazprom and a consortium of Japanese companies will invest $7 billion to build a liquefied natural gas, or LNG, plant near the Pacific port of Vladivostok, a source in Gazprom said Thursday. The plant will double Gazprom’s annual production of LNG to 20 million tons after it will be launched in 2016 to satisfy rising demand for the fuel. Russia is gaining in its share of the Japanese energy market, […]