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Gazprom allocates $1,7 billion to gas processing plant project in Amur region

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Gazprom allocates $1,7 billion to gas processing plant project in Amur region

In 2017, Russian oil giant Gazprom plans to spend 102 billion rubles ($1,7 billion) within the project of a gas processing plant in the Amur region, Russia, the deputy chairman of the company’s Board, Andrei Kruglov, said over the course of Investor’s Day in Singapore.


“102 billion rubles are planned to be allocated for construction of the Amur gas processing plant. The project might be implemented under the terms of project financing,” he said.

Andrei Kruglov reminded that as of the year 2017, a total volume of the company’s investment program in gas industry amounts to 911 billion rubles ($15,7 billion).

The Amur gas processing plant is planned to be built in the area of the town of Svobodny located in the Amur region. The facility’s project capacity will total 41 billion cubic meters of gas per year and it will include the world’s largest helium production.

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