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GAIL (India) Limited To Acquire Stake In Vladivostok LNG Plant From Gazprom OAO-GlobalData Limited

Wednesday, 15 Aug 2012 08:00pm EDT 

GlobalData Limited reported that GAIL (India) Limited, a natural gas company, intends to acquire stake in the liquefied natural gas (LNG) plant in Vladivostok, Russia, from Gazprom OAO. The LNG plant in Vladivostok will have a capacity of 10 million tons and is expected to be on stream in the year 2016 or 2017. The Company intends to build a pipeline from the Chayanda gas field in East Siberia to Vladivostok LNG facility. 

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