Withdrawal of Linde from the Baltic LNG project in Ust-Luga and problems of RusChemAlliance LLC

07.07.2023       

The German Linde in 2021 signed a contract with a Russian company for the design, purchase and construction of a gas processing plant in the Leningrad Region, but already in 2022 it suspended work due to EU sanctions. Previously, Linde withdrew from the joint venture with Severstal. project for the production of heat exchangers for the gas industry and left the Amur GCC project of SIBUR. Andsources В«bВ» report that Gazprom and "Rusgazdobycha" looking for possible ways out of the situation, however, Linde declared its principled position of refusing to cooperate with Gazprom.
Rushimalliance LLC; (a parity joint venture between Gazprom and Rusgazdobycha) filed lawsuits against the largest German banks — Deutsche Bank and Commerzbank to the Arbitration Court of St. Petersburg and the Leningrad Region. Lawsuits related to the statement of "Rushimalliance" on claims against the German chemical company Linde for €1.1 billion sent to the Arbitration Court of St. Petersburg. In January 2023, the court arrested Linde's Russian assets for 35 billion rubles. Kommersant

Postal address: 199106, St. Petersburg, Shkipersky protok, 12, building 2, building 1
Phone: +7 (812) 240-00-72
E -mail: office@baltLng.ru
baltlng.ru

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Leningrad region, Kingisepp district, city of Kingisepp, st. Vorovskogo, 18a
Postal address: 199106, St. Petersburg, Shkipersky protok, 12, building 2, building 1
Phone: +7 (812) 240-00-72
E -mail: office@baltLng.ru
baltlng.ru

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