Gazprom said in a Eurobond disclosure that both projects are now expected to be commissioned between 2023 and 2024, against the previously announced dates of between 2020 and 2021.

According to analysts in Moscow, the move is unlikely to mean any slowdown in efforts to attract Anglo-Dutch supermajor Shell as a partner in the Baltic LNG. Baltic LNG envisages the construction of an LNG plant with annual capacity of 10 million tonnes at Ust-Luga that will be supplied with gas delivered from fields in West Siberia across the Gazprom-controlled gas pipeline network.

Gazprom