According to Russian RBC report on October 30th reported in Moscow, the Russian energy giant Gazprom (Russian gas/Gazprom) chief executive officer alex miller later Monday said in Moscow, the Russian gas preliminary plans to invest 220 billion rupees (about $7 billion) in the Russian far east Pacific port city of Vladivostok build a liquefied natural gas (LNG) plant.
According to miller said, the project investment feasibility study in this year will be completed in December. Vladivostok LNG plant building is expected to be completed in 2017, the plan with an annual capacity of 10 million tons of LNG. From the new LNG plant of LNG will be exported to the asia-pacific region.
Miller said, the Asian exports of natural gas and the number is expected to Russian gas export European gas equal amount or even more than export European gas quantity.