ST. PETERSBURG (Sputnik) — Yaroslav Golko, first vice president of Gazprombank, the project’s investor, said the bank and the regional government are engaged in constructive dialogue. Golko said the company will launch the project in February.
“This project is important for the Leningrad Region. The terminal will increase the number of jobs and replenish the budget with taxes. About 700,000 metric tons of gas will be exported. We welcome the decision of Gazprombank to support the project and are also ready to help, for instance, in rezoning land plots as industrial areas,” Head of the Leningrad Region Alexander Drozdenko said at a meeting with the company’s executives.
The project will create from 100 to 120 jobs. The construction (including the preparatory period) will take from three to four years (2015- 2018). Gazprombank plans to invest about 50 billion rubles in the project.
Cryogaz is now surveying land plots for the construction of the terminal and the branch of the gas main.
Cryogaz was established in 2004 and is now fully owned by Gazprombank.
