Gazprom JV Sues Banks Over Linde Exit

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

RusKhimAlyans, the operator of Gazprom’s Ust-Luga gas processing and LNG project in northwestern Russia, has filed an arbitration claim to recover 45.7 billion rubles ($480 million) from UniCredit bank in loan guarantees under the construction contract with engineering firm Linde.

LNG Projects, Sanctions
Wanda Ad #2 (article footer)
Heightened gas market volatility and uncertainty in the wake of the Ukraine War has reinforced the major's preference for LNG offtake agreements and backfill projects over equity developments.
Tue, Sep 26, 2023
Final investment decisions for new US LNG projects have totaled 37.6 million tons per year of additional capacity so far this year.
Tue, Sep 26, 2023