The government will not agree on the issue of "Pechora LNG export licenses

The government will not agree on the issue of The government opposes the issuance of "Pechora LNG" (JV Rosneft and Altech) export licenses. It became known that the government has prepared a draft negative feedback on a draft law allowing "Pechora" to obtain the right to export LNG. Under the document has been signed by the Ministry of economic development, the Ministry of energy and Ministry of Finance. That document is now in the office of Deputy Prime Minister Arkady Dvorkovich, RBC announced its official representative Aliya Samigullina.Rosneft" is not going to abandon the joint venture because of problems with the license, said a source in the oil company. According to him, the absence of an export license does not put an end to the project, because LNG can be sold through Rosneft."We have a little time off for technical reasons," said co-owner of Alltech Dmitry Bosses. According to him, the formation of the joint venture is scheduled to be completed in the near future - until the end of September."Pechora LNG" project is the construction of a gas liquefaction plant 230 km from Naryan-Mar with a capacity of up to 5.2 million tonnes per year. Resource base - Kumzhinskoe and Korovinskoye fields with reserves of 160 billion cubic meters and 3.9 million tonnes of condensate on ABC1 C2. The first phase of the plant should be 5 million tons with the possibility of extension twice. The size of the capital investment in the project is estimated in the range of $5.3 to 6.6 billion"Pechora LNG" planned to run a gas liquefaction plant in 2015, But the plans had to be adjusted, as adopted in late 2013.

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