Gas-Res and Gazprom to build liquefied natural gas plant in Zvornik – Investment worth EUR 70 million

The Banjaluka-based Gas-Res and Russia's Gazprom have signed an agreement on the formation of a joint company, to be headquartered, as announced during the signing, in Banjaluka, whereas a natural gas liquefaction plant is to be built in Zvornik. From there, liquefied natural gas (LNG) will be delivered to the local and foreign markets.

Gazprom will help Gas-Res to develop the infrastructure for the production of liquefied natural gas for the needs of autonomous gasification and its subsequent use in the production of electrical and heating energy and the use of LNG as engine fuel.

– The scope and the type of the activities of the joint company will be defined once the founding documentation has been harmonized, and a feasibility study which will define all the necessary questions related to the project is to be prepared before the registration – Gas-Res told eKapija.

As already reported, the construction of the Zvornik plant would cost around EUR 70 million.

GAS-RES d.o.o. Banja Luka

Gazprom Moscow

Gazprom

natural gas liquefaction plant Zvornik

production of liquefied natural gas

liquefied natural gas

LNG

production of electrical energy

production of heating energy

using LNG as engine fuel

natural gas liquefaction