According to producers’ plans, Russia is about to increase the output of liquefied petroleum gas (LPG) in the east of the country but exports, mainly to Asia, would still be limited by the lack of infrastructure.
LPG output to rise by 1.0-1.2 mt in 2021. Eastern Russia’s output would make up 15% of the total output in the upcoming years.
Private company Irkutsk Oil Company (INK), which plans to launch the 800,000 tpa Ust-Kut gas processing plant, would be one contributing to the output growth.
Gazprom is also seen as a significant participant with its Amur gas processing plant set to be operational in the second quarter of 2021 and would hit a full capacity of 1.5 mt in 2025.
Exports to some parts of Asia, however, are seen to be capped by the failed LPG shipping infrastructure building via the sea in its far east due to factors such as lack of funds and uncertainties of production.
Russia expected only 1 mtpa Remstal terminal in the Pacific port of Sovetskaya Gavan would be operational in late 2021.
