Gazprom signed the deal via RusKhimAlyans, its joint venture with RusGazDobycha.
The companies agreed the deal at the St Petersburg International Economic Forum in June 2021.
The document was signed in the presence of Gazprom´s CEO Alexey Miller, and Wolfgang Reitzle, CEO of Linde Group.
According to the ЕРС contract, the consortium of Linde and Renaissance is going to provide for the design works and supplies of equipment and materials, as well as to perform the construction and installation of 2 production trains with a total capacity of 13 million tons of LNG per year.
A technology patented in Russia will be used to produce this LNG.
The patent holders for the technology are Gazprom and Linde.
The complex will have the biggest capacity in Russia and one of the largest in the world in terms of gas processing (45 billion m3 year), and will be the leader in northwestern Europe in terms of LNG production.
Approximately 18 billion m3 of processed gas will be going into Gazprom’s gas transmission system.