Ukraine LNG Terminal

This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.

Sub-articles:

FrackSwarm portal Coal terminals Coal transport and infrastructure Oil and gas pipelines LNG terminals Pipeline construction costs Methodology and data notes

Ukraine LNG Terminal, also known as Black Sea LNG and Odessa LNG, was a proposed floating liquefied natural gas (LNG) import terminal in Odessa Oblast, Ukraine. There have been no development updates since 2017 and the project is presumed to be cancelled.

Location

Loading map...

{"type":"ROADMAP","minzoom":false,"maxzoom":false,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"mappingservice":"googlemaps3","width":"400px","height":"300px","centre":false,"title":"","label":"","icon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"visitedicon":"","wmsoverlay":false,"zoom":7,"layers":[],"controls":["pan","zoom","type","scale","streetview","rotate"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"resizable":false,"kmlrezoom":false,"poi":true,"cluster":false,"clustergridsize":60,"clustermaxzoom":20,"clusterzoomonclick":true,"clusteraveragecenter":true,"clusterminsize":2,"imageoverlays":[],"kml":[],"gkml":[],"searchmarkers":"","fullscreen":false,"scrollwheelzoom":false,"locations":[{"text":"","title":"","link":"","lat":46.623611,"lon":31.101111,"icon":""}]}

Project Details

• Owner: Ukrainian Government
• Location: Yuzhnyi Port, Odessa Oblast, Ukraine
• Coordinates: 46.623611, 31.101111 (approximate)
• Capacity: 7.3 mtpa, 1.05 bcfd
• Status: Cancelled
• Type: Import
• Start Year:
• Cost: US$1.21–1.38 billion

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Ukraine LNG Terminal was a proposed floating storage and regasification unit (FSRU) near Yuzhny Port in Odessa Oblast, Ukraine.

The project was to be constructed in two phases. Phase one construction was to include the FSRU, with a capacity of 5 billion cubic meters per year. Phase two construction was to include a ground LNG terminal with a capacity of 5 billion cubic meters per year, bringing the facility total to 10 billion cubic meters per year. Three LNG storage tanks with a capacity of 180,000 m³ were also to be erected.

The project was launched in 2012, but was then suspended in 2013 due to a lack of sufficient investment. It was resumed in July 2017 after Frontera signed a memorandum of understanding with Ukraine's Naftogaz to begin construction.

The LNG terminal was considered strategically important for Ukraine, which imports a majority of its natural gas from Russia. Russian natural gas imports cost Ukraine $297 per 1,000 cubic meters. Russia refused to consider Ukraine's request to reduce the price to $240, prompting Ukraine to consider development of the LNG terminal.

There have been no development updates since 2017 and the project is presumed to be cancelled.