The board of Russia's OAO Gazprom (GAZP.RS) could soon approve a plan to invest $15 billion in liquified natural gas production by 2015, the Kommersant daily reported Wednesday citing an unnamed manager at the state-owned gas monopoly.
Gazprom's board will meet later Wednesday to decide on one of three LNG strategies to 2030, the most aggressive of which envisages that volume of investment, the paper said.
The company's LNG operations are likely to center around the massive Shtokman offshore field in the Barents Sea, Kommersant said.